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Future Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

RBOB GASOLINE Apr 2020 (NYMEX:QRB.J20)

Sidelines Mode (+55) - QRB.J20 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.J20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.J20.

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

NYMEX_QRB.J20
Open High Low QRB.J20 Price Change
1.7725 1.7762 1.7352 1.7524 -0.0321
Entry Signal

MarketClub’s Trade Triangles for QRB.J20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 1.6661

intermediate term up The intermediate-term trend has been UP since Feb 17th, 2020 at 1.7421

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 1.7357

Smart Scan Analysis for QRB.J20

Based on our trend formula, QRB.J20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QRB.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7725 1.7762 1.7352 1.7524 -0.0321
Prev. Close Volume Bid Ask Time
1.7845 31774 1.7521 1.7524 2020-02-21 10:31:47
52wk High1.986252wk High Date2020-01-07
52wk Low1.549452wk Low Date2017-06-21
Volatility22.57Expiration2020-03-31
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