Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
NATURAL GAS Jun 2021 (NYMEX:QNG.M21)
Countertrend Up (+85) - QNG.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QNG.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.M21
The long-term trend has been UP since Feb 16th, 2021 at 3.043
The intermediate-term trend has been UP since Apr 16th, 2021 at 2.738
The short-term trend has been DOWN since Apr 22nd, 2021 at 2.778
Smart Scan Analysis for QNG.M21
Based on our trend formula, QNG.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.082||52wk High Date||2021-02-17|
|52wk Low||2.109||52wk Low Date||2020-03-09|