Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
NATURAL GAS MAY 2022 (NYMEX:QNG.K22)
Long-Term Uptrend (+90) - QNG.K22 is in a strong uptrend that is likely to continue. While QNG.K22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QNG.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.K22
The long-term trend has been UP since May 4th, 2021 at 2.533
The intermediate-term trend has been UP since Apr 6th, 2021 at 2.450
The short-term trend has been UP since Apr 27th, 2021 at 2.510
Smart Scan Analysis for QNG.K22
Based on our trend formula, QNG.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.771||52wk High Date||2017-05-24|
|52wk Low||2.13||52wk Low Date||2020-03-16|