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Future Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

NATURAL GAS Nov 2023 (NYMEX:QNG.X23)

Strong Downtrend (-100) - QNG.X23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.X23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QNG.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X23.

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

NYMEX_QNG.X23
Open High Low QNG.X23 Price Change
3.364 3.364 3.269 3.269 -0.060
Entry Signal

MarketClub’s Trade Triangles for QNG.X23

long term down The long-term trend has been DOWN since Dec 6th, 2022 at 4.987

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2023 at 3.368

short term down The short-term trend has been DOWN since Mar 7th, 2023 at 3.623

Smart Scan Analysis for QNG.X23

Based on our trend formula, QNG.X23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QNG.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.364 3.364 3.269 3.269 -0.060
Prev. Close Volume Bid Ask Time
3.329 16 3.271 3.280 2023-03-26 18:11:02
52wk High6.18152wk High Date2022-06-10
52wk Low2.36952wk Low Date2020-06-30
Volatility44.79Expiration2023-10-27
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