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Future Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
NATURAL GAS AUGUST 2024 (NYMEX:QNG.Q24)
Long-Term Downtrend (-90) - QNG.Q24 is in a strong downtrend that is likely to continue. While QNG.Q24 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.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Q24.
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.Q24
The long-term trend has been DOWN since Dec 7th, 2022 at 4.201
The intermediate-term trend has been DOWN since Mar 30th, 2023 at 3.483
The short-term trend has been DOWN since Mar 30th, 2023 at 3.552
Smart Scan Analysis for QNG.Q24
Based on our trend formula, QNG.Q24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.428 | 3.526 | 3.428 | 3.510 | +0.038 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.472 | 19 | 3.467 | 3.483 | 2023-03-31 09:07:45 |
| 52wk High | 5.033 | 52wk High Date | 2022-06-10 |
| 52wk Low | 2.355 | 52wk Low Date | 2020-10-12 |
| Volatility | 27.17 | Expiration | 2024-07-29 |