Spread Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
NATURAL GAS JUL 21/NOV 21 (NYMEX:QNG.N21-QNG.X21)
Long-Term Downtrend (-90) - QNG.N21-QNG.X21 is in a strong downtrend that is likely to continue. While QNG.N21-QNG.X21 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.N21-QNG.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.N21-QNG.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.N21-QNG.X21
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.N21-QNG.X21
Based on our trend formula, QNG.N21-QNG.X21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||-0.017||52wk High Date||2020-04-20|
|52wk Low||-0.144||52wk Low Date||2020-12-28|