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Future Trend Analysis Report

Prepared for you on Thursday, October 22, 2020.

RBOB GASOLINE NOVEMBER 2020 (NYMEX:QRB.X20)

Weak Uptrend (+65) - QRB.X20 is showing signs of weakening momentum to the upside. Monitor QRB.X20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QRB.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.X20.

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

NYMEX_QRB.X20
Open High Low QRB.X20 Price Change
1.1385 1.1514 1.1331 1.1429 +0.0026
Entry Signal

MarketClub’s Trade Triangles for QRB.X20

long term up The long-term trend has been UP since Aug 17th, 2020 at 1.1881

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2020 at 1.2142

short term down The short-term trend has been DOWN since Oct 21st, 2020 at 1.1521

Smart Scan Analysis for QRB.X20

Based on our trend formula, QRB.X20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for QRB.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1385 1.1514 1.1331 1.1429 +0.0026
Prev. Close Volume Bid Ask Time
1.1403 579 1.1424 1.1429 2020-10-22 05:50:29
52wk High1.69552wk High Date2020-01-07
52wk Low0.615252wk Low Date2020-04-22
Volatility35.74Expiration2020-10-30
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