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Prepared for you on Thursday, August 18, 2022.

NATURAL GAS JUN 24/JUL 24 (NYMEX:QNG.M24-QNG.N24)

Long-Term Downtrend (-90) - QNG.M24-QNG.N24 is in a strong downtrend that is likely to continue. While QNG.M24-QNG.N24 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.M24-QNG.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.M24-QNG.N24.

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

NYMEX_QNG.M24-QNG.N24
Open High Low QNG.M24-QNG.N24 Price Change
-0.076 -0.076 -0.076 -0.076 +0.001
Entry Signal

MarketClub’s Trade Triangles for QNG.M24-QNG.N24

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.M24-QNG.N24

Based on our trend formula, QNG.M24-QNG.N24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.M24-QNG.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.076 -0.076 -0.076 -0.076 +0.001
Prev. Close Volume Bid Ask Time
-0.077 1 -0.081 -0.076 2022-08-17 15:33:58
52wk High-0.0200000052wk High Date2022-04-07
52wk Low-0.0850000052wk Low Date2022-08-02
Expiration2024-05-29
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