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Prepared for you on Wednesday, August 10, 2022.

NATURAL GAS DEC 22/MAY 26 (NYMEX:QNG.Z22-QNG.K26)

Long-Term Downtrend (-90) - QNG.Z22-QNG.K26 is in a strong downtrend that is likely to continue. While QNG.Z22-QNG.K26 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.Z22-QNG.K26?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z22-QNG.K26.

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

NYMEX_QNG.Z22-QNG.K26
Open High Low QNG.Z22-QNG.K26 Price Change
4.192 4.192 4.192 4.192 0.000
Entry Signal

MarketClub’s Trade Triangles for QNG.Z22-QNG.K26

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.Z22-QNG.K26

Based on our trend formula, QNG.Z22-QNG.K26 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.Z22-QNG.K26
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.192 4.192 4.192 4.192 0.000
Prev. Close Volume Bid Ask Time
4.192 0 2022-08-08 00:00:00
Expiration2022-11-28
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