Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

NATURAL GAS OCT 23/APR 24 (NYMEX:QNG.V23-QNG.J24)

Strong Downtrend (-100) - QNG.V23-QNG.J24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.V23-QNG.J24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QNG.V23-QNG.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.V23-QNG.J24.

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

NYMEX_QNG.V23-QNG.J24
Open High Low QNG.V23-QNG.J24 Price Change
0.877 0.877 0.877 0.778 -0.099
Entry Signal

MarketClub’s Trade Triangles for QNG.V23-QNG.J24

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.V23-QNG.J24

Based on our trend formula, QNG.V23-QNG.J24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QNG.V23-QNG.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.877 0.877 0.877 0.778 -0.099
Prev. Close Volume Bid Ask Time
0.929 0 0.868 0.914 2022-08-11 14:11:57
52wk High0.9952wk High Date2022-06-13
52wk Low0.2752wk Low Date2021-11-03
Expiration2023-09-27
Get a free daily analysis and signals for NATURAL GAS OCT 23/APR 24 (QNG.V23-QNG.J24) - Request Your Free Report.