Future Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
NATURAL GAS Nov 2021 (NYMEX:QNG.X21)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.X21
The long term trend has been DOWN since Jun 18th, 2019 at 2.613
The intermediate term trend has been DOWN since Jun 3rd, 2019 at 2.617
The short term trend has been UP since Oct 15th, 2019 at 2.420
Smart Scan Analysis for QNG.X21
Based on a pre-defined weighted trend formula for chart analysis, QNG.X21 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2.925||52wk High Date||2017-05-12|
|52wk Low||2.413||52wk Low Date||2019-10-11|