Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
NATURAL GAS May 2023 (NYMEX:NG.K23)
Strong Uptrend (+100) - NG.K23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NG.K23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NG.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NG.K23
The long-term trend has been UP since Jan 21st, 2021 at 2.340
The intermediate-term trend has been UP since May 5th, 2022 at 4.799
The short-term trend has been UP since May 13th, 2022 at 4.597
Smart Scan Analysis for NG.K23
Based on our trend formula, NG.K23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.660 | 4.660 | 4.660 | 4.660 | +0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.645 | 1 | 2022-05-16 18:59:59 |
| Expiration | 2023-04-26 | Open Time | 18:00 |
| Close Time | 17:00 |