Spread Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
NATURAL GAS APR 22/MAY 22 (NYMEX:QNG.J22-QNG.K22)
Bear Market Rally (-75) - QNG.J22-QNG.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QNG.J22-QNG.K22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QNG.J22-QNG.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.J22-QNG.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.J22-QNG.K22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QNG.J22-QNG.K22
Based on our trend formula, QNG.J22-QNG.K22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.08||52wk High Date||2020-10-20|
|52wk Low||0.015||52wk Low Date||2019-09-03|