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Prepared for you on Wednesday, February 26, 2020.

NATURAL GAS JUL 20/JUL 22 (NYMEX:QNG.N20-QNG.N22)

Long-Term Downtrend (-90) - QNG.N20-QNG.N22 is in a strong downtrend that is likely to continue. While QNG.N20-QNG.N22 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.N20-QNG.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.N20-QNG.N22.

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

NYMEX_QNG.N20-QNG.N22
Open High Low QNG.N20-QNG.N22 Price Change
-0.215 -0.215 -0.215 -0.215 0.000
Entry Signal

MarketClub’s Trade Triangles for QNG.N20-QNG.N22

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.N20-QNG.N22

Based on our trend formula, QNG.N20-QNG.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.N20-QNG.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.215 -0.215 -0.215 -0.215 0.000
Prev. Close Volume Bid Ask Time
-0.267 0 2020-02-24 00:00:00
Expiration2020-06-26
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