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Future Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
NATURAL GAS NOVEMBER 2022 (NYMEX:QNG.X22)
Long-Term Uptrend (+90) - QNG.X22 is in a strong uptrend that is likely to continue. While QNG.X22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QNG.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QNG.X22
The long-term trend has been UP since Apr 16th, 2021 at 2.642
The intermediate-term trend has been UP since Jan 10th, 2022 at 4.050
The short-term trend has been UP since Apr 27th, 2022 at 7.344
Smart Scan Analysis for QNG.X22
Based on our trend formula, QNG.X22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.176 | 8.176 | 8.176 | 8.134 | -0.042 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.176 | 8 | 8.162 | 8.167 | 2022-05-20 16:59:10 |
| 52wk High | 9.012 | 52wk High Date | 2022-05-06 |
| 52wk Low | 2.365 | 52wk Low Date | 2020-03-12 |
| Volatility | 62.71 | Expiration | 2022-10-27 |