Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
NATURAL GAS Dec 2021 (NYMEX:QNG.Z21)
Bear Market Rally (-75) - QNG.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QNG.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QNG.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.Z21
The long-term trend has been DOWN since Dec 3rd, 2020 at 2.945
The intermediate-term trend has been UP since Jan 12th, 2021 at 3.071
The short-term trend has been DOWN since Feb 18th, 2021 at 3.186
Smart Scan Analysis for QNG.Z21
Based on our trend formula, QNG.Z21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.4||52wk High Date||2016-08-19|
|52wk Low||2.45||52wk Low Date||2020-02-28|