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Future Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

MICRO WTI CRUDE OIL Aug 2022 (NYMEX:QMCL.Q22)

Sidelines Mode (+55) - QMCL.Q22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QMCL.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.Q22.

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

NYMEX_QMCL.Q22
Open High Low QMCL.Q22 Price Change
105.94 106.73 105.60 105.67 -0.09
Entry Signal

MarketClub’s Trade Triangles for QMCL.Q22

long term up The long-term trend has been UP since Jan 11th, 2022 at 76.32

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 106.41

short term up The short-term trend has been UP since Jun 27th, 2022 at 107.59

Smart Scan Analysis for QMCL.Q22

Based on our trend formula, QMCL.Q22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QMCL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.94 106.73 105.60 105.67 -0.09
Prev. Close Volume Bid Ask Time
105.76 10646 105.65 105.67 2022-06-30 23:43:52
52wk High120.8952wk High Date2022-06-14
52wk Low60.552wk Low Date2021-08-23
Volatility52.83Expiration2022-07-19
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