Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
NATURAL GAS APRIL 2021 (NYMEX:QNG.J21)
Bear Market Rally (-75) - QNG.J21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QNG.J21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QNG.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.J21
The long-term trend has been DOWN since Nov 19th, 2020 at 2.565
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 2.861
The short-term trend has been UP since Nov 24th, 2020 at 2.653
Smart Scan Analysis for QNG.J21
Based on our trend formula, QNG.J21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.052||52wk High Date||2020-11-01|
|52wk Low||2.07||52wk Low Date||2020-03-09|