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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

RBOB GASOLINE Jan 2023 (NYMEX:QRB.F23)

Sidelines Mode (-55) - QRB.F23 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 QRB.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.F23.

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

NYMEX_QRB.F23
Open High Low QRB.F23 Price Change
2.4898 2.5679 2.4875 2.5485 +0.0531
Entry Signal

MarketClub’s Trade Triangles for QRB.F23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 2.5100

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.8008

short term up The short-term trend has been UP since Aug 9th, 2022 at 2.4645

Smart Scan Analysis for QRB.F23

Based on our trend formula, QRB.F23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QRB.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4898 2.5679 2.4875 2.5485 +0.0531
Prev. Close Volume Bid Ask Time
2.5548 5317 2.5000 3.0727 2022-08-18 16:58:43
52wk High3.147552wk High Date2022-06-09
52wk Low1.069652wk Low Date2020-05-20
Volatility38.47Expiration2022-12-30
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