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Future Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
NATURAL GAS NOVEMBER 2028 (NYMEX:QNG.X28)
Sidelines Mode (-50) - QNG.X28 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QNG.X28 can gain momentum.
Is it time to buy, sell, or avoid QNG.X28?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X28.
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.X28
The long-term trend has been UP since Jul 23rd, 2020 at 2.596
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 3.298
The short-term trend has been DOWN since Oct 4th, 2021 at 3.298
Smart Scan Analysis for QNG.X28
Based on our trend formula, QNG.X28 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.424 | 4.424 | 4.424 | 4.424 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.424 | 0 | 2022-08-09 00:00:00 |
| Volatility | 24.99 | Expiration | 2028-10-27 |