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Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
RBOB GASOLINE Oct 2022 (NYMEX:RB.V22)
Countertrend Up (+85) - RB.V22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RB.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RB.V22
The long-term trend has been UP since Jan 11th, 2022 at 2.2012
The intermediate-term trend has been UP since Dec 22nd, 2021 at 2.0225
The short-term trend has been DOWN since May 24th, 2022 at 3.0725
Smart Scan Analysis for RB.V22
Based on our trend formula, RB.V22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.2081 | 3.2596 | 3.1836 | 3.2559 | +0.0571 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.1988 | 5678 | 2022-05-26 12:28:20 |
| Expiration | 2022-09-30 | Open Time | 09:00 |
| Close Time | 14:30 |