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.
MarketClub’s Trade Triangles for QRB.X20
The long-term trend has been UP since Aug 17th, 2020 at 1.1881
The intermediate-term trend has been UP since Sep 28th, 2020 at 1.2142
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).
|52wk High||1.695||52wk High Date||2020-01-07|
|52wk Low||0.6152||52wk Low Date||2020-04-22|