Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
NATURAL GAS JANUARY 2021 (NYMEX:QNG.F21)
Countertrend Down (-85) - QNG.F21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QNG.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.F21
The long-term trend has been DOWN since Nov 16th, 2020 at 2.933
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 3.274
The short-term trend has been UP since Nov 24th, 2020 at 2.829
Smart Scan Analysis for QNG.F21
Based on our trend formula, QNG.F21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.507||52wk High Date||2020-10-30|
|52wk Low||2.421||52wk Low Date||2020-03-09|