Future Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
NY HARBOR ULSD HEATING OIL Sep 2019 (NYMEX:QHO.U19)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for QHO.U19
The long term trend has been DOWN since May 31st, 2019 at 1.8868
The intermediate term trend has been UP since Jun 24th, 2019 at 1.9443
The short term trend has been UP since Jul 23rd, 2019 at 1.9149
Smart Scan Analysis for QHO.U19
Based on a pre-defined weighted trend formula for chart analysis, QHO.U19 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||1.525|
|52wk Low Date||2017-06-26||Volatility||22.53|