Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

NATURAL GAS MAY 21/JUN 23 (NYMEX:QNG.K21-QNG.M23)

Long-Term Downtrend (-90) - QNG.K21-QNG.M23 is in a strong downtrend that is likely to continue. While QNG.K21-QNG.M23 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.K21-QNG.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K21-QNG.M23.

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

NYMEX_QNG.K21-QNG.M23
Open High Low QNG.K21-QNG.M23 Price Change
-0.1 -0.1 -0.1 -0.1 0.0
Entry Signal

MarketClub’s Trade Triangles for QNG.K21-QNG.M23

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.K21-QNG.M23

Based on our trend formula, QNG.K21-QNG.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.K21-QNG.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1 -0.1 -0.1 -0.1 0.0
Prev. Close Volume Bid Ask Time
-0.1 0 2020-02-20 00:00:00
Expiration2021-04-28
Get a free daily analysis and signals for NATURAL GAS MAY 21/JUN 23 (QNG.K21-QNG.M23) - Request Your Free Report.