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Future Trend Analysis Report

Prepared for you on Tuesday, August 3, 2021.

CRUDE OIL Nov 2021 (NYMEX:QCL.X21)

Weak Uptrend (+65) - QCL.X21 is showing signs of weakening momentum to the upside. Monitor QCL.X21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QCL.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.X21.

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

NYMEX_QCL.X21
Open High Low QCL.X21 Price Change
72.26 72.37 71.27 71.59 -0.84
Entry Signal

MarketClub’s Trade Triangles for QCL.X21

long term up The long-term trend has been UP since Dec 7th, 2020 at 45.93

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 68.57

short term up The short-term trend has been UP since Jul 22nd, 2021 at 68.91

Smart Scan Analysis for QCL.X21

Based on our trend formula, QCL.X21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for QCL.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.26 72.37 71.27 71.59 -0.84
Prev. Close Volume Bid Ask Time
72.43 6765 71.58 71.60 2021-08-02 07:37:19
52wk High73.5852wk High Date2021-07-06
52wk Low32.6952wk Low Date2020-04-28
Volatility30Expiration2021-10-20
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