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Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
MONT BELVIEU SPOT ETHYLENE (PCW) IN WELL Aug 2022 (NYMEX:QMBE.Q22)
Countertrend Down (-85) - QMBE.Q22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QMBE.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBE.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QMBE.Q22
The long-term trend has been DOWN since Jun 11th, 2021 at 0.24625
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 0.27000
The short-term trend has been UP since Sep 15th, 2021 at 0.24875
Smart Scan Analysis for QMBE.Q22
Based on our trend formula, QMBE.Q22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.28542 | 0.28542 | 0.28542 | 0.28542 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.28542 | 0 | 2022-05-25 00:00:00 |
| Volatility | 45.69 | Expiration | 2022-08-30 |