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Prepared for you on Saturday, August 13, 2022.

NATURAL GAS SEP 22/JUL 23 (NYMEX:QNG.U22-QNG.N23)

Long-Term Downtrend (-90) - QNG.U22-QNG.N23 is in a strong downtrend that is likely to continue. While QNG.U22-QNG.N23 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.U22-QNG.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.U22-QNG.N23.

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

NYMEX_QNG.U22-QNG.N23
Open High Low QNG.U22-QNG.N23 Price Change
3.468 3.662 3.468 3.661 -0.034
Entry Signal

MarketClub’s Trade Triangles for QNG.U22-QNG.N23

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.U22-QNG.N23

Based on our trend formula, QNG.U22-QNG.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.U22-QNG.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.468 3.662 3.468 3.661 -0.034
Prev. Close Volume Bid Ask Time
3.695 61 3.585 3.601 2022-08-12 12:27:58
52wk High3.95852wk High Date2022-07-26
52wk Low0.72452wk Low Date2021-10-13
Expiration2022-08-29
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