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.
MarketClub’s Trade Triangles for QNG.K20
The long-term trend has been DOWN since Nov 29th, 2019 at 2.206
The intermediate-term trend has been DOWN since Jan 16th, 2020 at 2.114
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).
|52wk High||4.73||52wk High Date||2014-04-24|
|52wk Low||1.851||52wk Low Date||2020-02-11|