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Future Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

PALLADIUM DECEMBER 2020 (NYMEX:QPA.Z20)

Countertrend Up (+85) - QPA.Z20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QPA.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QPA.Z20.

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

NYMEX_QPA.Z20
Open High Low QPA.Z20 Price Change
2394.5 2414.9 2374.5 2409.6 +13.7
Entry Signal

MarketClub’s Trade Triangles for QPA.Z20

long term up The long-term trend has been UP since Jul 21st, 2020 at 2180.0

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2020 at 2454.6

short term down The short-term trend has been DOWN since Oct 23rd, 2020 at 2393.0

Smart Scan Analysis for QPA.Z20

Based on our trend formula, QPA.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QPA.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2394.5 2414.9 2374.5 2409.6 +13.7
Prev. Close Volume Bid Ask Time
2395.9 1135 2398.7 2414.9 2020-10-23 16:59:44
52wk High2725.752wk High Date2020-02-19
52wk Low135052wk Low Date2020-03-17
Volatility32.56Expiration2020-12-29
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