Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
RBOB GASOLINE JANUARY 2024 (NYMEX:QRB.F24)
Weak Downtrend (-65) - QRB.F24 is showing signs of a strengthening downtrend. Monitor QRB.F24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QRB.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.F24
The long-term trend has been UP since Jul 24th, 2023 at 2.3285
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 2.3985
The short-term trend has been DOWN since Sep 19th, 2023 at 2.5061
Smart Scan Analysis for QRB.F24
Based on our trend formula, QRB.F24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.5697||52wk High Date||2022-06-10|
|52wk Low||1.948||52wk Low Date||2023-05-04|