Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
NATURAL GAS Dec 2023 (NYMEX:QNG.Z23)
Strong Downtrend (-100) - QNG.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.Z23
The long-term trend has been DOWN since Sep 18th, 2023 at 3.306
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 3.233
The short-term trend has been DOWN since Nov 24th, 2023 at 2.847
Smart Scan Analysis for QNG.Z23
Based on our trend formula, QNG.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.4||52wk High Date||2022-06-10|
|52wk Low||2.57||52wk Low Date||2020-04-06|