Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
NATURAL GAS DECEMBER 2020 (NYMEX:QNG.Z20)
Sidelines Mode (-55) - QNG.Z20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QNG.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.Z20
The long-term trend has been DOWN since Nov 16th, 2020 at 2.811
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 3.132
The short-term trend has been UP since Nov 24th, 2020 at 2.728
Smart Scan Analysis for QNG.Z20
Based on our trend formula, QNG.Z20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.35||52wk High Date||2013-04-09|
|52wk Low||2.305||52wk Low Date||2020-03-09|