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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.

NYMEX_QNG.Z23
Open High Low QNG.Z23 Price Change
5.407 5.407 5.407 5.404 -0.003
Entry Signal

MarketClub’s Trade Triangles for QNG.Z23

long term up The long-term trend has been UP since Jul 24th, 2020 at 2.638

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 5.266

short term down 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).

+85
Smart Scan Analysis for QNG.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.407 5.407 5.407 5.404 -0.003
Prev. Close Volume Bid Ask Time
5.407 0 5.429 5.471 2022-08-10 14:48:04
52wk High6.452wk High Date2022-06-10
52wk Low2.5752wk Low Date2020-04-06
Volatility37.6Expiration2023-11-28
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