Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

NATURAL GAS AUG 23/JAN 24 (NYMEX:QNG.Q23-QNG.F24)

Strong Downtrend (-100) - QNG.Q23-QNG.F24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.Q23-QNG.F24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QNG.Q23-QNG.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Q23-QNG.F24.

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

NYMEX_QNG.Q23-QNG.F24
Open High Low QNG.Q23-QNG.F24 Price Change
-0.559 -0.559 -0.559 -0.576 -0.017
Entry Signal

MarketClub’s Trade Triangles for QNG.Q23-QNG.F24

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.Q23-QNG.F24

Based on our trend formula, QNG.Q23-QNG.F24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QNG.Q23-QNG.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.559 -0.559 -0.559 -0.576 -0.017
Prev. Close Volume Bid Ask Time
-0.559 0 -0.568 -0.534 2022-08-16 09:06:48
52wk High-0.4260000052wk High Date2022-01-31
52wk Low-0.6230000052wk Low Date2022-07-12
Expiration2023-07-27
Get a free daily analysis and signals for NATURAL GAS AUG 23/JAN 24 (QNG.Q23-QNG.F24) - Request Your Free Report.