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Spread Trend Analysis Report
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.
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MarketClub’s Trade Triangles for QNG.M24-QNG.N24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).
| 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 | -0.02000000 | 52wk High Date | 2022-04-07 |
| 52wk Low | -0.08500000 | 52wk Low Date | 2022-08-02 |
| Expiration | 2024-05-29 |