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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.

NYMEX_NG.M23
Open High Low NG.M23 Price Change
4.652 4.712 4.276 4.314 -0.306
Entry Signal

MarketClub’s Trade Triangles for NG.M23

long term up The long-term trend has been UP since Feb 4th, 2021 at 2.345

intermediate term down The intermediate-term trend has been DOWN since Jun 19th, 2022 at 4.910

short term down 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).

-70
Smart Scan Analysis for NG.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.652 4.712 4.276 4.314 -0.306
Prev. Close Volume Bid Ask Time
4.620 4410 2022-06-30 14:49:48
Expiration2023-05-26Open Time18:00
Close Time17:00
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