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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.

NYMEX_QNG.M20
Open High Low QNG.M20 Price Change
1.672 1.777 1.651 1.775 +0.103
Entry Signal

MarketClub’s Trade Triangles for QNG.M20

long term down The long-term trend has been DOWN since Nov 29th, 2019 at 2.248

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 1.921

short term down 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).

-90
Smart Scan Analysis for QNG.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.672 1.777 1.651 1.775 +0.103
Prev. Close Volume Bid Ask Time
1.672 60194 1.720 1.805 2020-04-03 16:59:50
52wk High4.76252wk High Date2014-04-24
52wk Low1.64952wk Low Date2020-04-02
Volatility35.14Expiration2020-05-27
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