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Prepared for you on Saturday, May 15, 2021.

NATURAL GAS DEC 23/NOV 24 (NYMEX:QNG.Z23-QNG.X24)

Long-Term Downtrend (-90) - QNG.Z23-QNG.X24 is in a strong downtrend that is likely to continue. While QNG.Z23-QNG.X24 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.X24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Z23-QNG.X24.

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

NYMEX_QNG.Z23-QNG.X24
Open High Low QNG.Z23-QNG.X24 Price Change
0.175 0.175 0.175 0.175 0.000
Entry Signal

MarketClub’s Trade Triangles for QNG.Z23-QNG.X24

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.X24

Based on our trend formula, QNG.Z23-QNG.X24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.Z23-QNG.X24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.175 0.175 0.175 0.175 0.000
Prev. Close Volume Bid Ask Time
0.183 0 2021-05-13 00:00:00
Expiration2023-11-28
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