Future Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
RBOB GASOLINE Jul 2021 (NYMEX:QRB.N21)
Bull Market Weakness (+75) - QRB.N21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QRB.N21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QRB.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.N21
The long-term trend has been UP since Nov 25th, 2020 at 1.4034
The intermediate-term trend has been UP since Apr 14th, 2021 at 2.0100
The short-term trend has been DOWN since Jun 11th, 2021 at 2.1861
Smart Scan Analysis for QRB.N21
Based on our trend formula, QRB.N21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.2365||52wk High Date||2021-06-09|
|52wk Low||0.9184||52wk Low Date||2020-04-21|