Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

CRUDE OIL Dec 2019 (NYMEX:QCL.Z19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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.Z19
Open High Low QCL.Z19 Price Change
57.39 57.41 57.32 57.34 +0.22
Entry Signal

MarketClub’s Trade Triangles for QCL.Z19

long term up The long term trend has been UP since Sep 16th, 2019 at 60.56

intermediate term up The intermediate term trend has been UP since Oct 25th, 2019 at 56.40

short term down The short term trend has been DOWN since Nov 8th, 2019 at 56.27

Smart Scan Analysis for QCL.Z19

Based on a pre-defined weighted trend formula for chart analysis, QCL.Z19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for QCL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.39 57.41 57.32 57.34 +0.22
Prev. Close Volume Bid Ask Time
57.12 1343 57.34 57.35 2019-11-13 18:01:53
52wk High107.2652wk High Date2011-05-02
52wk Low42.5152wk Low Date2016-01-20
Volatility39.25Expiration2019-11-20
Want to analyze CRUDE OIL Dec 2019 QCL.Z19 or another symbol? Try our Free Future Trend Analysis Report.