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.
MarketClub’s Trade Triangles for QCL.Q21
The long-term trend has been UP since Nov 25th, 2020 at 45.85
The intermediate-term trend has been UP since Apr 14th, 2021 at 61.50
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).
|52wk High||66.38||52wk High Date||2021-05-05|
|52wk Low||30.1||52wk Low Date||2020-04-22|