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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.

NYMEX_QNG.Z23-QNG.K24
Open High Low QNG.Z23-QNG.K24 Price Change
1.089 1.089 1.089 0.989 -0.100
Entry Signal

MarketClub’s Trade Triangles for QNG.Z23-QNG.K24

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.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).

-100
Smart Scan Analysis for QNG.Z23-QNG.K24
Strong Downtrend Sideways 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 High0.98952wk High Date2022-08-02
52wk Low0.98952wk Low Date2022-08-02
Expiration2023-11-28
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