Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
NATURAL GAS Jan 2024 (NYMEX:QNG.F24)
Strong Downtrend (-100) - QNG.F24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.F24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.F24
The long-term trend has been DOWN since Dec 22nd, 2022 at 5.490
The intermediate-term trend has been DOWN since Mar 20th, 2023 at 3.910
The short-term trend has been DOWN since Mar 27th, 2023 at 3.925
Smart Scan Analysis for QNG.F24
Based on our trend formula, QNG.F24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.545||52wk High Date||2022-06-12|
|52wk Low||2.67||52wk Low Date||2020-06-19|