Future Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
PALLADIUM JUNE 2022 (NYMEX:QPA.M22)
Long-Term Downtrend (-90) - QPA.M22 is in a strong downtrend that is likely to continue. While QPA.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QPA.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPA.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QPA.M22
The long-term trend has been DOWN since May 6th, 2022 at 2025.5
The intermediate-term trend has been DOWN since Mar 25th, 2022 at 2310.0
The short-term trend has been DOWN since May 20th, 2022 at 1976.0
Smart Scan Analysis for QPA.M22
Based on our trend formula, QPA.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3425||52wk High Date||2022-03-07|
|52wk Low||1550||52wk Low Date||2021-12-15|