Future Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
NATURAL GAS FEBRUARY 2023 (NYMEX:QNG.G23)
Long-Term Downtrend (-90) - QNG.G23 is in a strong downtrend that is likely to continue. While QNG.G23 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.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.G23
The long-term trend has been DOWN since Dec 9th, 2020 at 2.796
The intermediate-term trend has been DOWN since Nov 16th, 2020 at 2.919
The short-term trend has been DOWN since Jan 6th, 2021 at 2.790
Smart Scan Analysis for QNG.G23
Based on our trend formula, QNG.G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.161||52wk High Date||2017-10-27|
|52wk Low||2.6||52wk Low Date||2020-03-12|