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Prepared for you on Saturday, August 13, 2022.

NATURAL GAS DEC 22/JUN 23 (NYMEX:QNG.Z22-QNG.M23)

Long-Term Downtrend (-90) - QNG.Z22-QNG.M23 is in a strong downtrend that is likely to continue. While QNG.Z22-QNG.M23 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.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z22-QNG.M23.

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

NYMEX_QNG.Z22-QNG.M23
Open High Low QNG.Z22-QNG.M23 Price Change
3.921 3.921 3.921 3.760 -0.161
Entry Signal

MarketClub’s Trade Triangles for QNG.Z22-QNG.M23

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.M23

Based on our trend formula, QNG.Z22-QNG.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.Z22-QNG.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.921 3.921 3.921 3.760 -0.161
Prev. Close Volume Bid Ask Time
3.921 0 3.777 3.806 2022-08-11 12:31:01
52wk High4.24152wk High Date2022-05-25
52wk Low0.37352wk Low Date2021-02-19
Expiration2022-11-28
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