Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
NATURAL GAS JUNE 2022 (NYMEX:QNG.M22)
Sidelines Mode (+55) - QNG.M22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QNG.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.M22
The long-term trend has been UP since May 4th, 2021 at 2.565
The intermediate-term trend has been UP since Jan 10th, 2022 at 3.888
The short-term trend has been DOWN since Jan 19th, 2022 at 4.023
Smart Scan Analysis for QNG.M22
Based on our trend formula, QNG.M22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.317||52wk High Date||2021-11-26|
|52wk Low||2.205||52wk Low Date||2020-03-16|