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.
MarketClub’s Trade Triangles for QNG.V23
The long-term trend has been DOWN since Dec 22nd, 2022 at 4.582
The intermediate-term trend has been DOWN since Dec 5th, 2022 at 4.774
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).
|52wk High||6.067||52wk High Date||2022-06-10|
|52wk Low||2.325||52wk Low Date||2020-04-02|