Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

NATURAL GAS May 2024 (E) (NYMEX:NG.K24.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_NG.K24.E
Open High Low NG.K24.E Price Change
2.550 2.550 2.550 2.614 -0.029
Entry Signal

MarketClub’s Trade Triangles for NG.K24.E

long term down The long term trend has been DOWN since May 8th, 2018 at 2.745

intermediate term down The intermediate term trend has been DOWN since Aug 27th, 2018 at 2.580

short term down The short term trend has been DOWN since Aug 16th, 2018 at 2.622

Smart Scan Analysis for NG.K24.E

Based on a pre-defined weighted trend formula for chart analysis, NG.K24.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NG.K24.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.550 2.550 2.550 2.614 -0.029
Prev. Close Volume Bid Ask Time
2.614 1 2018-11-16 15:02:26
Contract High4Contract High Date2015-05-11
Contract Low2.55Contract Low Date2018-08-28
Estimated Volume1First Delivery2024-05-31
Expiration2024-04-26Open Time18:00
Close Time17:00
Want to analyze NATURAL GAS May 2024 (E) NG.K24.E or another symbol? Try our Free Future Trend Analysis Report.