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Future Trend Analysis Report

Prepared for you on Tuesday, January 19, 2021.

NATURAL GAS FEBRUARY 2023 (NYMEX:QNG.G23)

Long-Term Downtrend (-90) - QNG.G23 is in a strong downtrend that is likely to continue. While QNG.G23 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.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.G23.

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

NYMEX_QNG.G23
Open High Low QNG.G23 Price Change
2.813 2.813 2.813 2.820 +0.007
Entry Signal

MarketClub’s Trade Triangles for QNG.G23

long term down The long-term trend has been DOWN since Dec 9th, 2020 at 2.796

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2020 at 2.919

short term down The short-term trend has been DOWN since Jan 6th, 2021 at 2.790

Smart Scan Analysis for QNG.G23

Based on our trend formula, QNG.G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.813 2.813 2.813 2.820 +0.007
Prev. Close Volume Bid Ask Time
2.813 0 2.200 2.950 2021-01-15 12:49:45
52wk High3.16152wk High Date2017-10-27
52wk Low2.652wk Low Date2020-03-12
Volatility8.69Expiration2023-01-27
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