Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
NY HARBOR ULSD HEATING OIL Oct 2020 (NYMEX:QHO.V20)
Bear Market Rally (-75) - QHO.V20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHO.V20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QHO.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHO.V20
The long-term trend has been DOWN since Jan 26th, 2020 at 1.7496
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9261
The short-term trend has been UP since Apr 2nd, 2020 at 1.1674
Smart Scan Analysis for QHO.V20
Based on our trend formula, QHO.V20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.156||52wk High Date||2018-07-05|
|52wk Low||1.0672||52wk Low Date||2020-03-18|