Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
RBOB GASOLINE NOVEMBER 2023 (NYMEX:QRB.X23)
Weak Downtrend (-65) - QRB.X23 is showing signs of a strengthening downtrend. Monitor QRB.X23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QRB.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.X23
The long-term trend has been UP since Jul 25th, 2023 at 2.3862
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 2.4945
The short-term trend has been DOWN since Sep 15th, 2023 at 2.6384
Smart Scan Analysis for QRB.X23
Based on our trend formula, QRB.X23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.7021||52wk High Date||2023-09-15|
|52wk Low||1.2735||52wk Low Date||2020-12-09|