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Future Trend Analysis Report

Prepared for you on Tuesday, January 31, 2023.

NATURAL GAS OCTOBER 2023 (NYMEX:QNG.V23)

Strong Downtrend (-100) - QNG.V23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QNG.V23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QNG.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.V23.

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

NYMEX_QNG.V23
Open High Low QNG.V23 Price Change
3.254 3.265 3.208 3.216 -0.036
Entry Signal

MarketClub’s Trade Triangles for QNG.V23

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 4.582

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2022 at 4.774

short term down The short-term trend has been DOWN since Jan 26th, 2023 at 3.440

Smart Scan Analysis for QNG.V23

Based on our trend formula, QNG.V23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QNG.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.254 3.265 3.208 3.216 -0.036
Prev. Close Volume Bid Ask Time
3.252 237 3.212 3.215 2023-01-31 05:18:16
52wk High6.06752wk High Date2022-06-10
52wk Low2.32552wk Low Date2020-04-02
Volatility44.09Expiration2023-09-27
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