Spread Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
NATURAL GAS NOV 22/OCT 23 (NYMEX:QNG.X22-QNG.V23)
Long-Term Downtrend (-90) - QNG.X22-QNG.V23 is in a strong downtrend that is likely to continue. While QNG.X22-QNG.V23 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.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X22-QNG.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.X22-QNG.V23
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.X22-QNG.V23
Based on our trend formula, QNG.X22-QNG.V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.658||52wk High Date||2022-08-12|
|52wk Low||0.729||52wk Low Date||2021-10-21|