Future Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
NATURAL GAS OCTOBER 2022 (NYMEX:QNG.V22)
Sidelines Mode (+55) - QNG.V22 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.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.V22
The long-term trend has been UP since Apr 30th, 2021 at 2.614
The intermediate-term trend has been UP since Nov 24th, 2021 at 4.183
The short-term trend has been DOWN since Nov 30th, 2021 at 4.011
Smart Scan Analysis for QNG.V22
Based on our trend formula, QNG.V22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.375||52wk High Date||2021-11-26|
|52wk Low||2.22||52wk Low Date||2020-03-16|