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.
MarketClub’s Trade Triangles for QHO.V22
The long-term trend has been DOWN since Aug 5th, 2022 at 3.2426
The intermediate-term trend has been DOWN since Jun 27th, 2022 at 3.9314
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).
|52wk High||4.2595||52wk High Date||2022-06-17|
|52wk Low||1.295||52wk Low Date||2020-05-04|