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Prepared for you on Monday, August 8, 2022.

NATURAL GAS NOV 22/MAR 24 (NYMEX:QNG.X22-QNG.H24)

Long-Term Downtrend (-90) - QNG.X22-QNG.H24 is in a strong downtrend that is likely to continue. While QNG.X22-QNG.H24 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.X22-QNG.H24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X22-QNG.H24.

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

NYMEX_QNG.X22-QNG.H24
Open High Low QNG.X22-QNG.H24 Price Change
3.199 3.199 3.199 3.831 +0.632
Entry Signal

MarketClub’s Trade Triangles for QNG.X22-QNG.H24

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.X22-QNG.H24

Based on our trend formula, QNG.X22-QNG.H24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.X22-QNG.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.199 3.199 3.199 3.831 +0.632
Prev. Close Volume Bid Ask Time
3.199 0 2.770 5.126 2022-07-26 12:41:57
52wk High3.83152wk High Date2022-07-26
52wk Low1.84152wk Low Date2022-06-21
Expiration2022-10-27
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