Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
NATURAL GAS Jan 2022 (NYMEX:QNG.F22)
Bear Market Rally (-75) - QNG.F22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QNG.F22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QNG.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.F22
The long-term trend has been DOWN since Dec 1st, 2021 at 4.567
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 5.428
The short-term trend has been UP since Dec 9th, 2021 at 3.847
Smart Scan Analysis for QNG.F22
Based on our trend formula, QNG.F22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.667||52wk High Date||2021-10-06|
|52wk Low||2.567||52wk Low Date||2020-03-08|