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Future Trend Analysis Report

Prepared for you on Wednesday, August 17, 2022.

NATURAL GAS Jun 2029 (NYMEX:QNG.M29)

Crossroads (+60) - QNG.M29 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.M29?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M29.

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

NYMEX_QNG.M29
Open High Low QNG.M29 Price Change
4.47 4.47 4.47 4.47 0.00
Entry Signal

MarketClub’s Trade Triangles for QNG.M29

long term up The long-term trend has been UP since Jul 1st, 2020 at 2.456

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 3.223

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 3.241

Smart Scan Analysis for QNG.M29

Based on our trend formula, QNG.M29 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for QNG.M29
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.47 4.47 4.47 4.47 0.00
Prev. Close Volume Bid Ask Time
4.47 0 2022-08-16 00:00:00
Volatility27.25Expiration2029-05-29
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