Future Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
RBOB GASOLINE JUNE 2021 (NYMEX:QRB.M21)
Crossroads (-60) - QRB.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QRB.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.M21
The long-term trend has been UP since Nov 25th, 2020 at 1.4163
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 1.8800
The short-term trend has been DOWN since Apr 5th, 2021 at 1.9450
Smart Scan Analysis for QRB.M21
Based on our trend formula, QRB.M21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.128||52wk High Date||2021-03-15|
|52wk Low||0.8705||52wk Low Date||2020-03-23|