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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.

NYMEX_QHO.H23
Open High Low QHO.H23 Price Change
3.1383 3.1690 3.1200 3.1630 +0.0247
Entry Signal

MarketClub’s Trade Triangles for QHO.H23

long term down The long-term trend has been DOWN since Aug 8th, 2022 at 2.9755

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2022 at 3.2079

short term down 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).

-100
Smart Scan Analysis for QHO.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1383 3.1690 3.1200 3.1630 +0.0247
Prev. Close Volume Bid Ask Time
3.1383 1289 3.1593 3.1613 2022-12-02 06:40:50
52wk High3.768352wk High Date2022-06-17
52wk Low1.352wk Low Date2020-11-01
Volatility32.39Expiration2023-02-28
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