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Future Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

NY HARBOR ULSD HEATING OIL Jun 2021 (NYMEX:QHO.M21)

Long-Term Uptrend (+90) - QHO.M21 is in a strong uptrend that is likely to continue. While QHO.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QHO.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.M21.

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

NYMEX_QHO.M21
Open High Low QHO.M21 Price Change
2.0418 2.0544 2.0311 2.0411 -0.0006
Entry Signal

MarketClub’s Trade Triangles for QHO.M21

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.4045

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 1.8407

short term up The short-term trend has been UP since May 4th, 2021 at 1.9618

Smart Scan Analysis for QHO.M21

Based on our trend formula, QHO.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QHO.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0418 2.0544 2.0311 2.0411 -0.0006
Prev. Close Volume Bid Ask Time
2.0417 1958 2.0411 2.0413 2021-05-12 04:56:05
52wk High2.128552wk High Date2018-07-27
52wk Low1.079352wk Low Date2020-04-27
Volatility28.03Expiration2021-05-28
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