Future Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
NATURAL GAS Jan 2021 (NYMEX:QNG.F21)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for QNG.F21
The long term trend has been DOWN since Jun 7th, 2019 at 2.887
The intermediate term trend has been DOWN since May 24th, 2019 at 2.926
The short term trend has been DOWN since Jun 19th, 2019 at 2.884
Smart Scan Analysis for QNG.F21
Based on a pre-defined weighted trend formula for chart analysis, QNG.F21 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2015||52wk Low||2.795|
|52wk Low Date||2018-09-06||Volatility||6.58|