Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
RBOB GASOLINE Dec 2023 (NYMEX:RB.Z23)
Sidelines Mode (-55) - RB.Z23 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 RB.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z23.
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.Z23
The long-term trend has been DOWN since Jul 5th, 2022 at 2.3161
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 2.4242
The short-term trend has been UP since Aug 18th, 2022 at 2.2960
Smart Scan Analysis for RB.Z23
Based on our trend formula, RB.Z23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.2980 | 2.3190 | 2.2960 | 2.3134 | +0.0425 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3089 | 185 | 2022-08-18 14:28:43 |
| Expiration | 2023-11-30 | Open Time | 18:00 |
| Close Time | 17:00 |