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Future Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

NATURAL GAS OCTOBER 2024 (NYMEX:QNG.V24)

Crossroads (+60) - QNG.V24 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.V24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.V24.

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

NYMEX_QNG.V24
Open High Low QNG.V24 Price Change
4.490 4.520 4.490 4.520 +0.029
Entry Signal

MarketClub’s Trade Triangles for QNG.V24

long term up The long-term trend has been UP since Jul 23rd, 2020 at 2.378

intermediate term down The intermediate-term trend has been DOWN since Jun 30th, 2022 at 4.500

short term down The short-term trend has been DOWN since Jun 22nd, 2022 at 4.800

Smart Scan Analysis for QNG.V24

Based on our trend formula, QNG.V24 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for QNG.V24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.490 4.520 4.490 4.520 +0.029
Prev. Close Volume Bid Ask Time
4.532 72 3.100 2022-08-10 14:48:27
52wk High5.06552wk High Date2022-06-10
52wk Low2.35652wk Low Date2020-07-20
Volatility29.86Expiration2024-09-26
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