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Prepared for you on Wednesday, December 7, 2022.

NATURAL GAS MAR 24/APR 24 (NYMEX:QNG.H24-QNG.J24)

Long-Term Downtrend (-90) - QNG.H24-QNG.J24 is in a strong downtrend that is likely to continue. While QNG.H24-QNG.J24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QNG.H24-QNG.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.H24-QNG.J24.

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

NYMEX_QNG.H24-QNG.J24
Open High Low QNG.H24-QNG.J24 Price Change
0.700 0.740 0.693 0.740 +0.037
Entry Signal

MarketClub’s Trade Triangles for QNG.H24-QNG.J24

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.H24-QNG.J24

Based on our trend formula, QNG.H24-QNG.J24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.H24-QNG.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.700 0.740 0.693 0.740 +0.037
Prev. Close Volume Bid Ask Time
0.703 301 0.735 0.745 2022-12-07 12:58:53
52wk High0.96652wk High Date2022-11-30
52wk Low0.22552wk Low Date2018-08-06
Expiration2024-02-27
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