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Prepared for you on Tuesday, May 18, 2021.

NATURAL GAS SEP 23/DEC 23 (NYMEX:QNG.U23-QNG.Z23)

Long-Term Downtrend (-90) - QNG.U23-QNG.Z23 is in a strong downtrend that is likely to continue. While QNG.U23-QNG.Z23 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.U23-QNG.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.U23-QNG.Z23.

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

NYMEX_QNG.U23-QNG.Z23
Open High Low QNG.U23-QNG.Z23 Price Change
-0.318 -0.318 -0.318 -0.318 0
Entry Signal

MarketClub’s Trade Triangles for QNG.U23-QNG.Z23

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.U23-QNG.Z23

Based on our trend formula, QNG.U23-QNG.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.U23-QNG.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.318 -0.318 -0.318 -0.318 0
Prev. Close Volume Bid Ask Time
-0.318 0 2021-05-17 00:00:00
Expiration2023-08-29
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