Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
RBOB GASOLINE Apr 2022 (NYMEX:QRB.J22)
Bull Market Weakness (+75) - QRB.J22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QRB.J22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QRB.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.J22
The long-term trend has been UP since Jan 12th, 2022 at 2.4898
The intermediate-term trend has been UP since Dec 22nd, 2021 at 2.2750
The short-term trend has been DOWN since Jan 21st, 2022 at 2.5208
Smart Scan Analysis for QRB.J22
Based on our trend formula, QRB.J22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.5992||52wk High Date||2022-01-20|
|52wk Low||1.035||52wk Low Date||2020-04-26|