Future Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
NATURAL GAS Nov 2021 (NYMEX:QNG.X21)
Bull Market Weakness (+75) - QNG.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QNG.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QNG.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.X21
The long-term trend has been DOWN since Dec 3rd, 2020 at 2.796
The intermediate-term trend has been UP since Apr 12th, 2021 at 2.867
The short-term trend has been UP since May 12th, 2021 at 3.090
Smart Scan Analysis for QNG.X21
Based on our trend formula, QNG.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.175||52wk High Date||2020-11-01|
|52wk Low||2.277||52wk Low Date||2020-03-09|