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.
MarketClub’s Trade Triangles for QHO.G21
The long-term trend has been DOWN since Sep 8th, 2020 at 1.1744
The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 1.3038
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).
|52wk High||2.19||52wk High Date||2018-10-31|
|52wk Low||1.023||52wk Low Date||2020-04-28|