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Prepared for you on Thursday, August 11, 2022.

NATURAL GAS DEC 22/AUG 24 (NYMEX:QNG.Z22-QNG.Q24)

Long-Term Downtrend (-90) - QNG.Z22-QNG.Q24 is in a strong downtrend that is likely to continue. While QNG.Z22-QNG.Q24 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.Q24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z22-QNG.Q24.

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

NYMEX_QNG.Z22-QNG.Q24
Open High Low QNG.Z22-QNG.Q24 Price Change
3.894 3.894 3.894 3.894 0.000
Entry Signal

MarketClub’s Trade Triangles for QNG.Z22-QNG.Q24

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.Q24

Based on our trend formula, QNG.Z22-QNG.Q24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.Z22-QNG.Q24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.894 3.894 3.894 3.894 0.000
Prev. Close Volume Bid Ask Time
3.894 0 6.150 2022-08-10 00:00:00
Expiration2022-11-28
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