Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, August 17, 2022.

NATURAL GAS FEB 23/OCT 23 (NYMEX:QNG.G23-QNG.V23)

Strong Downtrend (-100) - QNG.G23-QNG.V23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.G23-QNG.V23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QNG.G23-QNG.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.G23-QNG.V23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QNG.G23-QNG.V23
Open High Low QNG.G23-QNG.V23 Price Change
3.440 3.440 3.440 2.831 -0.609
Entry Signal

MarketClub’s Trade Triangles for QNG.G23-QNG.V23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QNG.G23-QNG.V23

Based on our trend formula, QNG.G23-QNG.V23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QNG.G23-QNG.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.440 3.440 3.440 2.831 -0.609
Prev. Close Volume Bid Ask Time
3.440 0 3.411 3.467 2022-08-09 11:04:47
52wk High3.67952wk High Date2022-05-26
52wk Low0.37952wk Low Date2021-02-19
Expiration2023-01-27
Get a free daily analysis and signals for NATURAL GAS FEB 23/OCT 23 (QNG.G23-QNG.V23) - Request Your Free Report.