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Future Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
NATURAL GAS JUNE 2023 (NYMEX:QNG.M23)
Bear Market Rally (-75) - QNG.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QNG.M23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QNG.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QNG.M23
The long-term trend has been DOWN since Dec 22nd, 2022 at 4.432
The intermediate-term trend has been UP since May 18th, 2023 at 2.529
The short-term trend has been DOWN since May 23rd, 2023 at 2.378
Smart Scan Analysis for QNG.M23
Based on our trend formula, QNG.M23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.292 | 2.298 | 2.143 | 2.198 | -0.109 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.307 | 0 | 2023-05-26 14:26:07 |
| 52wk High | 6.001 | 52wk High Date | 2022-06-10 |
| 52wk Low | 2.031 | 52wk Low Date | 2023-05-05 |
| Volatility | 65.51 | Expiration | 2023-05-26 |