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Future Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

RBOB GASOLINE NOVEMBER 2022 (NYMEX:QRB.X22)

Sidelines Mode (-55) - QRB.X22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QRB.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.X22.

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

NYMEX_QRB.X22
Open High Low QRB.X22 Price Change
2.6953 2.6996 2.6251 2.6772 -0.0014
Entry Signal

MarketClub’s Trade Triangles for QRB.X22

long term down The long-term trend has been DOWN since Jul 14th, 2022 at 2.5951

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 3.0163

short term up The short-term trend has been UP since Aug 10th, 2022 at 2.5817

Smart Scan Analysis for QRB.X22

Based on our trend formula, QRB.X22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QRB.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6953 2.6996 2.6251 2.6772 -0.0014
Prev. Close Volume Bid Ask Time
2.6786 6181 2.6771 2.6787 2022-08-19 10:29:48
52wk High3.427452wk High Date2022-06-10
52wk Low1.1252wk Low Date2020-10-29
Volatility41.48Expiration2022-10-31
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