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Future Trend Analysis Report

Prepared for you on Wednesday, November 25, 2020.

CRUDE OIL Jun 2021 (NYMEX:QCL.M21)

Strong Uptrend (+100) - QCL.M21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QCL.M21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid QCL.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QCL.M21
Open High Low QCL.M21 Price Change
45.33 46.15 45.25 45.97 +0.56
Entry Signal

MarketClub’s Trade Triangles for QCL.M21

long term up The long-term trend has been UP since Nov 24th, 2020 at 45.59

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 43.19

short term up The short-term trend has been UP since Nov 3rd, 2020 at 39.66

Smart Scan Analysis for QCL.M21

Based on our trend formula, QCL.M21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QCL.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.33 46.15 45.25 45.97 +0.56
Prev. Close Volume Bid Ask Time
45.41 9558 45.99 46.01 2020-11-25 05:47:12
52wk High66.4252wk High Date2018-10-04
52wk Low29.0952wk Low Date2020-04-22
Volatility32.92Expiration2021-05-20
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