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Prepared for you on Monday, June 27, 2022.

NATURAL GAS JUN 23/AUG 23 (NYMEX:QNG.M23-QNG.Q23)

Long-Term Downtrend (-90) - QNG.M23-QNG.Q23 is in a strong downtrend that is likely to continue. While QNG.M23-QNG.Q23 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.M23-QNG.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M23-QNG.Q23.

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

NYMEX_QNG.M23-QNG.Q23
Open High Low QNG.M23-QNG.Q23 Price Change
-0.061 -0.060 -0.066 -0.063 +0.004
Entry Signal

MarketClub’s Trade Triangles for QNG.M23-QNG.Q23

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.M23-QNG.Q23

Based on our trend formula, QNG.M23-QNG.Q23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.M23-QNG.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.061 -0.060 -0.066 -0.063 +0.004
Prev. Close Volume Bid Ask Time
-0.067 9 -0.066 -0.063 2022-06-24 10:08:47
52wk High-0.0090000052wk High Date2022-05-31
52wk Low-0.0810000052wk Low Date2021-12-22
Expiration2023-05-26
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