Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
NATURAL GAS May 2024 (NYMEX:QNG.K24)
Crossroads (+60) - QNG.K24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QNG.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.K24
The long-term trend has been UP since Dec 2nd, 2020 at 2.322
The intermediate-term trend has been DOWN since Jun 30th, 2022 at 4.223
The short-term trend has been DOWN since Aug 1st, 2022 at 4.290
Smart Scan Analysis for QNG.K24
Based on our trend formula, QNG.K24 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.915||52wk High Date||2022-06-10|
|52wk Low||2.2||52wk Low Date||2020-06-24|