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Future Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

NY HARBOR ULSD HEATING OIL Feb 2021 (NYMEX:QHO.G21)

Bear Market Rally (-75) - QHO.G21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHO.G21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QHO.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.G21.

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

NYMEX_QHO.G21
Open High Low QHO.G21 Price Change
1.2029 1.2114 1.1996 1.1996 -0.0089
Entry Signal

MarketClub’s Trade Triangles for QHO.G21

long term down The long-term trend has been DOWN since Sep 8th, 2020 at 1.1744

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 1.3038

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 1.1898

Smart Scan Analysis for QHO.G21

Based on our trend formula, QHO.G21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QHO.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2029 1.2114 1.1996 1.1996 -0.0089
Prev. Close Volume Bid Ask Time
1.2085 286 1.1980 1.1984 2020-10-19 06:01:50
52wk High2.1952wk High Date2018-10-31
52wk Low1.02352wk Low Date2020-04-28
Volatility29.61Expiration2021-01-29
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