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Future Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

CRUDE OIL Sep 2023 (NYMEX:QCL.U23)

Sidelines Mode (-55) - QCL.U23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QCL.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.U23.

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

NYMEX_QCL.U23
Open High Low QCL.U23 Price Change
79.64 79.88 79.25 79.44 -0.11
Entry Signal

MarketClub’s Trade Triangles for QCL.U23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 82.25

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2023 at 79.11

short term down The short-term trend has been DOWN since Jan 26th, 2023 at 79.34

Smart Scan Analysis for QCL.U23

Based on our trend formula, QCL.U23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QCL.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.64 79.88 79.25 79.44 -0.11
Prev. Close Volume Bid Ask Time
80.12 837 79.48 79.51 2023-01-26 03:58:40
52wk High96.552wk High Date2022-06-08
52wk Low39.0152wk Low Date2020-04-21
Volatility30.27Expiration2023-08-22
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