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Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NATURAL GAS Aug 2022 (NYMEX:NG.Q22)
Countertrend Up (+85) - NG.Q22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NG.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NG.Q22
The long-term trend has been UP since Apr 28th, 2021 at 2.594
The intermediate-term trend has been UP since Jan 9th, 2022 at 3.877
The short-term trend has been DOWN since May 26th, 2022 at 8.773
Smart Scan Analysis for NG.Q22
Based on our trend formula, NG.Q22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.797 | 8.875 | 8.275 | 8.689 | -0.116 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.689 | 22493 | 2022-05-27 16:59:10 |
| First Delivery | 2022-08-31 | Expiration | 2022-07-27 |
| Open Time | 18:00 | Close Time | 17:00 |