Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
NATURAL GAS Feb 2024 (NYMEX:QNG.G24)
Long-Term Downtrend (-90) - QNG.G24 is in a strong downtrend that is likely to continue. While QNG.G24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.G24
The long-term trend has been DOWN since Dec 22nd, 2022 at 5.279
The intermediate-term trend has been DOWN since Dec 6th, 2022 at 5.395
The short-term trend has been DOWN since Mar 10th, 2023 at 4.031
Smart Scan Analysis for QNG.G24
Based on our trend formula, QNG.G24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.318||52wk High Date||2022-06-10|
|52wk Low||2.645||52wk Low Date||2020-04-07|