Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

NATURAL GAS Apr 2023 (NYMEX:NG.J23)

Sidelines Mode (+55) - NG.J23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NG.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J23.

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

NYMEX_NG.J23
Open High Low NG.J23 Price Change
2.379 2.383 2.375 2.376 +0.011
Entry Signal

MarketClub’s Trade Triangles for NG.J23

long term up The long-term trend has been UP since Feb 2nd, 2021 at 2.394

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2021 at 2.350

short term up The short-term trend has been UP since Apr 9th, 2021 at 2.377

Smart Scan Analysis for NG.J23

Based on our trend formula, NG.J23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NG.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.379 2.383 2.375 2.376 +0.011
Prev. Close Volume Bid Ask Time
2.376 146 2021-04-09 14:44:45
Expiration2023-03-29Open Time18:00
Close Time17:00
Get a free daily analysis and signals for NATURAL GAS Apr 2023 (NG.J23) - Request Your Free Report.