Future Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
NATURAL GAS NOVEMBER 2020 (NYMEX:QNG.X20)
Long-Term Uptrend (+90) - QNG.X20 is in a strong uptrend that is likely to continue. While QNG.X20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QNG.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.X20
The long-term trend has been UP since Apr 7th, 2020 at 2.439
The intermediate-term trend has been UP since Jul 6th, 2020 at 2.360
The short-term trend has been UP since Jul 23rd, 2020 at 2.337
Smart Scan Analysis for QNG.X20
Based on our trend formula, QNG.X20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.213||52wk High Date||2015-12-14|
|52wk Low||2.072||52wk Low Date||2020-03-09|