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.
MarketClub’s Trade Triangles for NG.J23
The long-term trend has been UP since Feb 2nd, 2021 at 2.394
The intermediate-term trend has been DOWN since Mar 19th, 2021 at 2.350
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).