Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
MICRO WTI CRUDE OIL FEBRUARY 2022 (NYMEX:QMCL.G22)
Bear Market Rally (-75) - QMCL.G22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMCL.G22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QMCL.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMCL.G22
The long-term trend has been DOWN since Dec 1st, 2021 at 66.37
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 77.49
The short-term trend has been UP since Dec 6th, 2021 at 68.95
Smart Scan Analysis for QMCL.G22
Based on our trend formula, QMCL.G22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||82.03||52wk High Date||2021-10-25|
|52wk Low||60.59||52wk Low Date||2021-08-20|