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Prepared for you on Monday, May 17, 2021.

NATURAL GAS FEB 22/MAY 22 (NYMEX:QNG.G22-QNG.K22)

Long-Term Downtrend (-90) - QNG.G22-QNG.K22 is in a strong downtrend that is likely to continue. While QNG.G22-QNG.K22 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.G22-QNG.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.G22-QNG.K22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QNG.G22-QNG.K22
Open High Low QNG.G22-QNG.K22 Price Change
0.700 0.700 0.700 0.700 +0.030
Entry Signal

MarketClub’s Trade Triangles for QNG.G22-QNG.K22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QNG.G22-QNG.K22

Based on our trend formula, QNG.G22-QNG.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.G22-QNG.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.700 0.700 0.700 0.700 +0.030
Prev. Close Volume Bid Ask Time
0.670 1 0.692 0.701 2021-05-16 18:02:29
52wk High0.7752wk High Date2020-10-20
52wk Low0.3852wk Low Date2020-03-09
Expiration2022-01-27
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