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Prepared for you on Sunday, August 14, 2022.

NATURAL GAS OCT 23/DEC 23 (NYMEX:QNG.V23-QNG.Z23)

Long-Term Downtrend (-90) - QNG.V23-QNG.Z23 is in a strong downtrend that is likely to continue. While QNG.V23-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.V23-QNG.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.V23-QNG.Z23.

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

NYMEX_QNG.V23-QNG.Z23
Open High Low QNG.V23-QNG.Z23 Price Change
-0.403 -0.384 -0.415 -0.385 +0.008
Entry Signal

MarketClub’s Trade Triangles for QNG.V23-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.V23-QNG.Z23

Based on our trend formula, QNG.V23-QNG.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.V23-QNG.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.403 -0.384 -0.415 -0.385 +0.008
Prev. Close Volume Bid Ask Time
-0.393 34 -0.291 2022-08-11 16:11:54
52wk High-0.2400000052wk High Date2021-07-01
52wk Low-0.4820000052wk Low Date2022-06-21
Expiration2023-09-27
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