Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

NATURAL GAS May 2024 (NYMEX:QNG.K24)

Crossroads (+60) - QNG.K24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QNG.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QNG.K24
Open High Low QNG.K24 Price Change
4.406 4.406 4.406 4.425 +0.019
Entry Signal

MarketClub’s Trade Triangles for QNG.K24

long term up The long-term trend has been UP since Dec 2nd, 2020 at 2.322

intermediate term down The intermediate-term trend has been DOWN since Jun 30th, 2022 at 4.223

short term down The short-term trend has been DOWN since Aug 1st, 2022 at 4.290

Smart Scan Analysis for QNG.K24

Based on our trend formula, QNG.K24 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for QNG.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.406 4.406 4.406 4.425 +0.019
Prev. Close Volume Bid Ask Time
4.406 0 4.303 4.449 2022-08-12 12:37:58
52wk High4.91552wk High Date2022-06-10
52wk Low2.252wk Low Date2020-06-24
Volatility31.76Expiration2024-04-26
Get a free daily analysis and signals for NATURAL GAS May 2024 (QNG.K24) - Request Your Free Report.