Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, October 4, 2023.

CBL NATURE-BASED GLOBAL EMISSIONS OFFSET DECEMBER 2023 (NYMEX:QNGO.Z23)

Bear Market Rally (-75) - QNGO.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QNGO.Z23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QNGO.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNGO.Z23.

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

NYMEX_QNGO.Z23
Open High Low QNGO.Z23 Price Change
1.83 1.83 1.74 1.75 -0.07
Entry Signal

MarketClub’s Trade Triangles for QNGO.Z23

long term down The long-term trend has been DOWN since Mar 2nd, 2022 at 14.84

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2023 at 1.98

short term down The short-term trend has been DOWN since Sep 28th, 2023 at 2.16

Smart Scan Analysis for QNGO.Z23

Based on our trend formula, QNGO.Z23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QNGO.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.83 1.83 1.74 1.75 -0.07
Prev. Close Volume Bid Ask Time
1.82 779 1.75 1.77 2023-10-04 14:44:53
52wk High16.9852wk High Date2022-02-22
52wk Low1.1152wk Low Date2023-05-31
Volatility94.73Expiration2023-12-26
Get a free daily analysis and signals for CBL NATURE-BASED GLOBAL EMISSIONS OFFSET DECEMBER 2023 (QNGO.Z23) - Request Your Free Report.