Spread Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
NATURAL GAS DEC 21/AUG 22 (NYMEX:QNG.Z21-QNG.Q22)
Long-Term Downtrend (-90) - QNG.Z21-QNG.Q22 is in a strong downtrend that is likely to continue. While QNG.Z21-QNG.Q22 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.Z21-QNG.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z21-QNG.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.Z21-QNG.Q22
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.Z21-QNG.Q22
Based on our trend formula, QNG.Z21-QNG.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.274||52wk High Date||2021-10-05|
|52wk Low||0.206||52wk Low Date||2018-09-17|