Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
CRUDE OIL Nov 2022 (NYMEX:QCL.X22)
Sidelines Mode (-55) - QCL.X22 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.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.X22
The long-term trend has been UP since Jan 11th, 2022 at 74.46
The intermediate-term trend has been DOWN since Jun 19th, 2022 at 101.93
The short-term trend has been UP since Jun 28th, 2022 at 102.96
Smart Scan Analysis for QCL.X22
Based on our trend formula, QCL.X22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||112.98||52wk High Date||2022-06-08|
|52wk Low||39.05||52wk Low Date||2020-04-20|