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.
MarketClub’s Trade Triangles for QCL.X21
The long-term trend has been UP since Dec 7th, 2020 at 45.93
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 68.57
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).
|52wk High||73.58||52wk High Date||2021-07-06|
|52wk Low||32.69||52wk Low Date||2020-04-28|