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Future Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

RBOB GASOLINE JUNE 2023 (NYMEX:QRB.M23)

Weak Downtrend (-65) - QRB.M23 is showing signs of a strengthening downtrend. Monitor QRB.M23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QRB.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M23.

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

NYMEX_QRB.M23
Open High Low QRB.M23 Price Change
2.6820 2.6820 2.6820 2.6751 -0.0069
Entry Signal

MarketClub’s Trade Triangles for QRB.M23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 2.5981

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.8170

short term down The short-term trend has been DOWN since Aug 1st, 2022 at 2.6548

Smart Scan Analysis for QRB.M23

Based on our trend formula, QRB.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QRB.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6820 2.6820 2.6820 2.6751 -0.0069
Prev. Close Volume Bid Ask Time
2.6820 0 2.6649 2.6862 2022-08-10 14:03:34
52wk High3.067952wk High Date2022-06-14
52wk Low1.477152wk Low Date2020-12-02
Volatility32.99Expiration2023-05-31
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