Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
NATURAL GAS DECEMBER 2024 (NYMEX:QNG.Z24)
Sidelines Mode (-50) - QNG.Z24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QNG.Z24 can gain momentum.
Is it time to buy, sell, or avoid QNG.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.Z24
The long-term trend has been UP since Jul 23rd, 2020 at 2.629
The intermediate-term trend has been DOWN since Nov 1st, 2021 at 3.466
The short-term trend has been DOWN since Nov 22nd, 2021 at 3.480
Smart Scan Analysis for QNG.Z24
Based on our trend formula, QNG.Z24 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.545||52wk High Date||2021-11-26|
|52wk Low||2.565||52wk Low Date||2020-06-16|