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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.

NYMEX_QNG.G24
Open High Low QNG.G24 Price Change
3.816 3.819 3.797 3.814 +0.032
Entry Signal

MarketClub’s Trade Triangles for QNG.G24

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 5.279

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2022 at 5.395

short term down 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).

-90
Smart Scan Analysis for QNG.G24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.816 3.819 3.797 3.814 +0.032
Prev. Close Volume Bid Ask Time
3.782 93 3.795 3.809 2023-03-28 03:26:14
52wk High6.31852wk High Date2022-06-10
52wk Low2.64552wk Low Date2020-04-07
Volatility34.62Expiration2024-01-29
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