Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

CRUDE OIL Oct 2019 (NYMEX:QCL.V19)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_QCL.V19
Open High Low QCL.V19 Price Change
60.41 60.93 60.15 60.46 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.V19

long term down The long term trend has been DOWN since May 31st, 2019 at 54.26

intermediate term up The intermediate term trend has been UP since Jun 24th, 2019 at 57.96

short term up The short term trend has been UP since Jul 10th, 2019 at 59.69

Smart Scan Analysis for QCL.V19

Based on a pre-defined weighted trend formula for chart analysis, QCL.V19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for QCL.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.41 60.93 60.15 60.46 0.00
Prev. Close Volume Bid Ask Time
60.46 54521 60.45 60.47 2019-07-11 15:50:25
52wk High201852wk Low44.84
52wk Low Date2018-12-25Volatility47.94
Expiration2019-09-20
Want to analyze CRUDE OIL Oct 2019 QCL.V19 or another symbol? Try our Free Future Trend Analysis Report.