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Prepared for you on Tuesday, August 9, 2022.

NATURAL GAS DEC 23/APR 24 (NYMEX:QNG.Z23-QNG.J24)

Long-Term Downtrend (-90) - QNG.Z23-QNG.J24 is in a strong downtrend that is likely to continue. While QNG.Z23-QNG.J24 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.Z23-QNG.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z23-QNG.J24.

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

NYMEX_QNG.Z23-QNG.J24
Open High Low QNG.Z23-QNG.J24 Price Change
0.975 0.975 0.975 1.023 +0.048
Entry Signal

MarketClub’s Trade Triangles for QNG.Z23-QNG.J24

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.Z23-QNG.J24

Based on our trend formula, QNG.Z23-QNG.J24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.Z23-QNG.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.975 0.975 0.975 1.023 +0.048
Prev. Close Volume Bid Ask Time
0.975 0 0.870 1.300 2022-07-28 13:31:57
52wk High1.25552wk High Date2022-05-17
52wk Low0.59752wk Low Date2021-10-13
Expiration2023-11-28
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