Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

NATURAL GAS Aug 2024 (E) (NYMEX:NG.Q24.E)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.Q24.E
Open High Low NG.Q24.E Price Change
2.693 2.693 2.693 2.769 +0.030
Entry Signal

MarketClub’s Trade Triangles for NG.Q24.E

long term down The long term trend has been DOWN since May 8th, 2018 at 2.824

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 2.691

short term up The short term trend has been UP since Aug 7th, 2018 at 2.665

Smart Scan Analysis for NG.Q24.E

Based on a pre-defined weighted trend formula for chart analysis, NG.Q24.E scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for NG.Q24.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.693 2.693 2.693 2.769 +0.030
Prev. Close Volume Bid Ask Time
2.739 4 2018-11-29 14:58:41
Contract High2.8Contract High Date2018-05-21
Contract Low2.674Contract Low Date2018-07-12
Estimated Volume4First Delivery2024-08-31
Expiration2024-07-29Open Time09:00
Close Time14:30
Want to analyze NATURAL GAS Aug 2024 (E) NG.Q24.E or another symbol? Try our Free Future Trend Analysis Report.