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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.

NYMEX_QNG.X20
Open High Low QNG.X20 Price Change
2.726 2.734 2.650 2.659 -0.061
Entry Signal

MarketClub’s Trade Triangles for QNG.X20

long term up The long-term trend has been UP since Apr 7th, 2020 at 2.439

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 2.360

short term up 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).

+90
Smart Scan Analysis for QNG.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.726 2.734 2.650 2.659 -0.061
Prev. Close Volume Bid Ask Time
2.640 10896 2.658 2.660 2020-08-10 10:39:29
52wk High3.21352wk High Date2015-12-14
52wk Low2.07252wk Low Date2020-03-09
Volatility31.13Expiration2020-10-28
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