Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
NATURAL GAS JUNE 2020 (NYMEX:QNG.M20)
Long-Term Downtrend (-90) - QNG.M20 is in a strong downtrend that is likely to continue. While QNG.M20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.M20
The long-term trend has been DOWN since Nov 29th, 2019 at 2.248
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 1.921
The short-term trend has been DOWN since Mar 23rd, 2020 at 1.770
Smart Scan Analysis for QNG.M20
Based on our trend formula, QNG.M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.762||52wk High Date||2014-04-24|
|52wk Low||1.649||52wk Low Date||2020-04-02|