Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

PLATINUM Jul 2024 (NYMEX:QPL.N24)

Sidelines Mode (+50) - QPL.N24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QPL.N24 can gain momentum.

Is it time to buy, sell, or avoid QPL.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QPL.N24.

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

NYMEX_QPL.N24
Open High Low QPL.N24 Price Change
936.4 954.8 928.0 951.8 +8.3
Entry Signal

MarketClub’s Trade Triangles for QPL.N24

long term down The long-term trend has been DOWN since May 24th, 2023 at 1073.4

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2023 at 948.4

short term up The short-term trend has been UP since Nov 16th, 2023 at 907.7

Smart Scan Analysis for QPL.N24

Based on our trend formula, QPL.N24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QPL.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
936.4 954.8 928.0 951.8 +8.3
Prev. Close Volume Bid Ask Time
921.3 152 947.0 953.0 2023-11-24 13:40:47
52wk High1033.352wk High Date2023-06-01
52wk Low857.652wk Low Date2023-11-10
Volatility23.86Expiration2024-07-29
Get a free daily analysis and signals for PLATINUM Jul 2024 (QPL.N24) - Request Your Free Report.