Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
NY HARBOR ULSD HEATING OIL Dec 2020 (NYMEX:QHO.Z20)
Long-Term Uptrend (+90) - QHO.Z20 is in a strong uptrend that is likely to continue. While QHO.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHO.Z20
The long-term trend has been UP since Aug 5th, 2020 at 1.3368
The intermediate-term trend has been UP since Aug 5th, 2020 at 1.3368
The short-term trend has been UP since Aug 4th, 2020 at 1.3128
Smart Scan Analysis for QHO.Z20
Based on our trend formula, QHO.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.3347||52wk High Date||2018-10-09|
|52wk Low||0.9666||52wk Low Date||2020-04-28|