Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
RBOB GASOLINE MAY 2021 (NYMEX:QRB.K21)
Long-Term Uptrend (+90) - QRB.K21 is in a strong uptrend that is likely to continue. While QRB.K21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QRB.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.K21
The long-term trend has been UP since Nov 25th, 2020 at 1.4120
The intermediate-term trend has been UP since Apr 14th, 2021 at 2.0360
The short-term trend has been UP since Apr 27th, 2021 at 2.0036
Smart Scan Analysis for QRB.K21
Based on our trend formula, QRB.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.1548||52wk High Date||2021-03-15|
|52wk Low||0.915||52wk Low Date||2020-03-24|