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Spread Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
NATURAL GAS DEC 23/MAY 24 (NYMEX:QNG.Z23-QNG.K24)
Strong Downtrend (-100) - QNG.Z23-QNG.K24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.Z23-QNG.K24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.Z23-QNG.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z23-QNG.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QNG.Z23-QNG.K24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QNG.Z23-QNG.K24
Based on our trend formula, QNG.Z23-QNG.K24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.089 | 1.089 | 1.089 | 0.989 | -0.100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.089 | 0 | 0.397 | 1.356 | 2022-08-02 09:12:40 |
| 52wk High | 0.989 | 52wk High Date | 2022-08-02 |
| 52wk Low | 0.989 | 52wk Low Date | 2022-08-02 |
| Expiration | 2023-11-28 |