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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.

NYMEX_NG.K23
Open High Low NG.K23 Price Change
4.660 4.660 4.660 4.660 +0.015
Entry Signal

MarketClub’s Trade Triangles for NG.K23

long term up The long-term trend has been UP since Jan 21st, 2021 at 2.340

intermediate term up The intermediate-term trend has been UP since May 5th, 2022 at 4.799

short term up 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).

+100
Smart Scan Analysis for NG.K23
Strong Downtrend Sideways 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
Expiration2023-04-26Open Time18:00
Close Time17:00
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