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Spread Trend Analysis Report
Prepared for you on Wednesday, August 17, 2022.
NATURAL GAS OCT 22/APR 26 (NYMEX:QNG.V22-QNG.J26)
Long-Term Downtrend (-90) - QNG.V22-QNG.J26 is in a strong downtrend that is likely to continue. While QNG.V22-QNG.J26 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.V22-QNG.J26?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.V22-QNG.J26.
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.V22-QNG.J26
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.V22-QNG.J26
Based on our trend formula, QNG.V22-QNG.J26 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.416 | 4.416 | 4.416 | 4.416 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.416 | 0 | 2022-08-16 00:00:00 |
| Expiration | 2022-09-28 |