Future Trend Analysis Report
Prepared for you on Friday, December 2, 2022.
NY HARBOR ULSD HEATING OIL Mar 2023 (NYMEX:QHO.H23)
Strong Downtrend (-100) - QHO.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QHO.H23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QHO.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHO.H23
The long-term trend has been DOWN since Aug 8th, 2022 at 2.9755
The intermediate-term trend has been DOWN since Nov 17th, 2022 at 3.2079
The short-term trend has been DOWN since Nov 17th, 2022 at 3.2234
Smart Scan Analysis for QHO.H23
Based on our trend formula, QHO.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.7683||52wk High Date||2022-06-17|
|52wk Low||1.3||52wk Low Date||2020-11-01|