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Future Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

NATURAL GAS Mar 2023 (NYMEX:QNG.H23)

Countertrend Up (+85) - QNG.H23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QNG.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.H23.

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

NYMEX_QNG.H23
Open High Low QNG.H23 Price Change
6.740 7.065 6.660 7.040 +0.266
Entry Signal

MarketClub’s Trade Triangles for QNG.H23

long term up The long-term trend has been UP since Apr 20th, 2021 at 2.704

intermediate term up The intermediate-term trend has been UP since Dec 29th, 2021 at 3.865

short term down The short-term trend has been DOWN since May 23rd, 2022 at 6.662

Smart Scan Analysis for QNG.H23

Based on our trend formula, QNG.H23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QNG.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.740 7.065 6.660 7.040 +0.266
Prev. Close Volume Bid Ask Time
6.774 2539 7.029 7.040 2022-05-23 12:22:02
52wk High7.43452wk High Date2022-05-06
52wk Low2.4852wk Low Date2020-06-25
Volatility51.43Expiration2023-02-24
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