Futopt Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
NATURAL GAS MAY 2021 CALL 500 (NYMEX:QNG.K21.500C)
Long-Term Downtrend (-90) - QNG.K21.500C is in a strong downtrend that is likely to continue. While QNG.K21.500C is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.K21.500C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K21.500C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.K21.500C
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QNG.K21.500C
Based on our trend formula, QNG.K21.500C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).