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Future Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

CRUDE OIL AUGUST 2021 (NYMEX:QCL.Q21)

Bull Market Weakness (+75) - QCL.Q21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCL.Q21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QCL.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Q21.

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

NYMEX_QCL.Q21
Open High Low QCL.Q21 Price Change
64.80 64.86 64.70 64.70 -0.08
Entry Signal

MarketClub’s Trade Triangles for QCL.Q21

long term up The long-term trend has been UP since Nov 25th, 2020 at 45.85

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 61.50

short term down The short-term trend has been DOWN since May 7th, 2021 at 63.91

Smart Scan Analysis for QCL.Q21

Based on our trend formula, QCL.Q21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for QCL.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.80 64.86 64.70 64.70 -0.08
Prev. Close Volume Bid Ask Time
64.78 307 64.73 64.75 2021-05-10 18:30:20
52wk High66.3852wk High Date2021-05-05
52wk Low30.152wk Low Date2020-04-22
Volatility32.36Expiration2021-07-20
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