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Future Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

CRUDE OIL JUNE 2024 (NYMEX:QCL.M24)

Long-Term Uptrend (+90) - QCL.M24 is in a strong uptrend that is likely to continue. While QCL.M24 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QCL.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M24.

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

NYMEX_QCL.M24
Open High Low QCL.M24 Price Change
65.56 65.59 65.56 65.58 +0.24
Entry Signal

MarketClub’s Trade Triangles for QCL.M24

long term up The long-term trend has been UP since Jan 8th, 2021 at 45.68

intermediate term up The intermediate-term trend has been UP since Sep 2nd, 2021 at 57.82

short term up The short-term trend has been UP since Nov 4th, 2021 at 63.70

Smart Scan Analysis for QCL.M24

Based on our trend formula, QCL.M24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QCL.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.56 65.59 65.56 65.58 +0.24
Prev. Close Volume Bid Ask Time
65.34 193 64.91 65.09 2021-11-24 22:11:17
52wk High66.452wk High Date2021-11-10
52wk Low40.5452wk Low Date2020-05-06
Volatility22.52Expiration2024-05-21
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