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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

NATURAL GAS May 2024 (NYMEX:NG.K24)

Weak Downtrend (-65) - NG.K24 is showing signs of a strengthening downtrend. Monitor NG.K24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K24.

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

NYMEX_NG.K24
Open High Low NG.K24 Price Change
4.140 4.157 4.050 4.050 -0.220
Entry Signal

MarketClub’s Trade Triangles for NG.K24

long term up The long-term trend has been UP since Feb 17th, 2022 at 3.051

intermediate term down The intermediate-term trend has been DOWN since Jun 30th, 2022 at 4.223

short term down The short-term trend has been DOWN since Jun 16th, 2022 at 4.706

Smart Scan Analysis for NG.K24

Based on our trend formula, NG.K24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.140 4.157 4.050 4.050 -0.220
Prev. Close Volume Bid Ask Time
4.270 188 2022-06-30 14:31:11
Expiration2024-04-26Open Time18:00
Close Time17:00
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