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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

RBOB GASOLINE Aug 2020 (NYMEX:QRB.Q20)

Crossroads (-60) - QRB.Q20 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.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Q20.

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

NYMEX_QRB.Q20
Open High Low QRB.Q20 Price Change
0.8771 0.8831 0.8221 0.8250 -0.0314
Entry Signal

MarketClub’s Trade Triangles for QRB.Q20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 1.6100

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 0.8560

short term up The short-term trend has been UP since Mar 31st, 2020 at 0.7735

Smart Scan Analysis for QRB.Q20

Based on our trend formula, QRB.Q20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QRB.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8771 0.8831 0.8221 0.8250 -0.0314
Prev. Close Volume Bid Ask Time
0.8564 7177 0.8235 0.8246 2020-04-07 14:18:36
52wk High1.918252wk High Date2020-01-07
52wk Low0.617852wk Low Date2020-03-23
Volatility71.79Expiration2020-07-31
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