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Future Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

NATURAL GAS MAY 2020 (NYMEX:QNG.K20)

Countertrend Down (-85) - QNG.K20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QNG.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QNG.K20
Open High Low QNG.K20 Price Change
1.969 1.969 1.940 1.948 -0.026
Entry Signal

MarketClub’s Trade Triangles for QNG.K20

long term down The long-term trend has been DOWN since Nov 29th, 2019 at 2.206

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2020 at 2.114

short term up The short-term trend has been UP since Feb 16th, 2020 at 1.938

Smart Scan Analysis for QNG.K20

Based on our trend formula, QNG.K20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QNG.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.969 1.969 1.940 1.948 -0.026
Prev. Close Volume Bid Ask Time
1.974 1862 1.947 1.948 2020-02-21 03:27:05
52wk High4.7352wk High Date2014-04-24
52wk Low1.85152wk Low Date2020-02-11
Volatility23.69Expiration2020-04-28
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