Future Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
NATURAL GAS Dec 2023 (NYMEX:QNG.Z23)
Countertrend Up (+85) - QNG.Z23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 24th, 2020 at 2.638
The intermediate-term trend has been UP since Jul 18th, 2022 at 5.266
The short-term trend has been DOWN since Aug 2nd, 2022 at 5.359
Smart Scan Analysis for QNG.Z23
Based on our trend formula, QNG.Z23 is rated as a +85 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|