Future Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
NATURAL GAS SEPTEMBER 2019 (NYMEX:QNG.U19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.U19
The long term trend has been DOWN since Apr 18th, 2019 at 2.637
The intermediate term trend has been DOWN since May 22nd, 2019 at 2.620
The short term trend has been DOWN since Jun 18th, 2019 at 2.315
Smart Scan Analysis for QNG.U19
Based on a pre-defined weighted trend formula for chart analysis, QNG.U19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2011||52wk Low||2.115|
|52wk Low Date||2019-06-20||Volatility||22.91|