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Prepared for you on Wednesday, May 12, 2021.

NATURAL GAS JUN 21/MAY 23 (NYMEX:QNG.M21-QNG.K23)

Long-Term Downtrend (-90) - QNG.M21-QNG.K23 is in a strong downtrend that is likely to continue. While QNG.M21-QNG.K23 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.M21-QNG.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M21-QNG.K23.

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

NYMEX_QNG.M21-QNG.K23
Open High Low QNG.M21-QNG.K23 Price Change
0.556 0.556 0.556 0.556 0.000
Entry Signal

MarketClub’s Trade Triangles for QNG.M21-QNG.K23

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.M21-QNG.K23

Based on our trend formula, QNG.M21-QNG.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.M21-QNG.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.556 0.556 0.556 0.556 0.000
Prev. Close Volume Bid Ask Time
0.556 0 0.543 0.554 2021-05-11 00:00:00
Expiration2021-05-26
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