Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
NATURAL GAS DECEMBER 2024 (NYMEX:QNG.Z24)
Bull Market Weakness (+75) - QNG.Z24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QNG.Z24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QNG.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.Z24
The long-term trend has been DOWN since Dec 28th, 2022 at 4.905
The intermediate-term trend has been UP since Mar 6th, 2023 at 4.428
The short-term trend has been UP since Mar 22nd, 2023 at 4.417
Smart Scan Analysis for QNG.Z24
Based on our trend formula, QNG.Z24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.627||52wk High Date||2022-09-01|
|52wk Low||2.565||52wk Low Date||2020-06-16|