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Future Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

NY HARBOR ULSD HEATING OIL Oct 2022 (NYMEX:QHO.V22)

Bear Market Rally (-75) - QHO.V22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHO.V22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QHO.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.V22.

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

NYMEX_QHO.V22
Open High Low QHO.V22 Price Change
3.4866 3.4989 3.3491 3.4560 -0.0302
Entry Signal

MarketClub’s Trade Triangles for QHO.V22

long term down The long-term trend has been DOWN since Aug 5th, 2022 at 3.2426

intermediate term down The intermediate-term trend has been DOWN since Jun 27th, 2022 at 3.9314

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 3.3629

Smart Scan Analysis for QHO.V22

Based on our trend formula, QHO.V22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QHO.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4866 3.4989 3.3491 3.4560 -0.0302
Prev. Close Volume Bid Ask Time
3.4152 15390 3.4557 3.4567 2022-08-15 13:05:47
52wk High4.259552wk High Date2022-06-17
52wk Low1.29552wk Low Date2020-05-04
Volatility38.22Expiration2022-09-30
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