Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
CRUDE OIL JUNE 2024 (NYMEX:QCL.M24)
Bull Market Weakness (+75) - QCL.M24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCL.M24 as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for QCL.M24
The long-term trend has been UP since Jul 27th, 2023 at 75.82
The intermediate-term trend has been UP since Sep 1st, 2023 at 79.52
The short-term trend has been DOWN since Sep 20th, 2023 at 82.73
Smart Scan Analysis for QCL.M24
Based on our trend formula, QCL.M24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 82.29 | 82.91 | 81.48 | 81.68 | -0.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 81.48 | 54781 | 81.41 | 82.60 | 2023-09-22 16:59:53 |
| 52wk High | 88.15 | 52wk High Date | 2022-06-14 |
| 52wk Low | 40.54 | 52wk Low Date | 2020-05-06 |
| Volatility | 21.74 | Expiration | 2024-05-21 |