Future Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
NATURAL GAS NOVEMBER 2019 (NYMEX:QNG.X19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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.X19
The long term trend has been UP since Oct 8th, 2018 at 2.793
The intermediate term trend has been DOWN since Mar 25th, 2019 at 2.926
The short term trend has been DOWN since Apr 11th, 2019 at 2.892
Smart Scan Analysis for QNG.X19
Based on a pre-defined weighted trend formula for chart analysis, QNG.X19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2011||52wk Low||2.633|
|52wk Low Date||2018-05-09||Volatility||19.8|