Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
NATURAL GAS Jun 2023 (NYMEX:NG.M23)
Weak Downtrend (-65) - NG.M23 is showing signs of a strengthening downtrend. Monitor NG.M23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.M23
The long-term trend has been UP since Feb 4th, 2021 at 2.345
The intermediate-term trend has been DOWN since Jun 19th, 2022 at 4.910
The short-term trend has been DOWN since Jun 13th, 2022 at 5.860
Smart Scan Analysis for NG.M23
Based on our trend formula, NG.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).