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Prepared for you on Monday, August 8, 2022.

NATURAL GAS DEC 22/SEP 23 (NYMEX:QNG.Z22-QNG.U23)

Long-Term Downtrend (-90) - QNG.Z22-QNG.U23 is in a strong downtrend that is likely to continue. While QNG.Z22-QNG.U23 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.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z22-QNG.U23.

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

NYMEX_QNG.Z22-QNG.U23
Open High Low QNG.Z22-QNG.U23 Price Change
3.417 3.417 3.417 3.465 +0.048
Entry Signal

MarketClub’s Trade Triangles for QNG.Z22-QNG.U23

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.U23

Based on our trend formula, QNG.Z22-QNG.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.Z22-QNG.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.417 3.417 3.417 3.465 +0.048
Prev. Close Volume Bid Ask Time
3.417 0 3.389 3.409 2022-08-01 12:05:06
52wk High3.53552wk High Date2022-07-25
52wk Low0.97452wk Low Date2021-11-02
Expiration2022-11-28
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