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Future Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

NATURAL GAS Aug 2023 (NYMEX:NG.Q23)

Crossroads (-60) - NG.Q23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NG.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q23.

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

NYMEX_NG.Q23
Open High Low NG.Q23 Price Change
4.400 4.453 4.400 4.452 +0.093
Entry Signal

MarketClub’s Trade Triangles for NG.Q23

long term up The long-term trend has been UP since Oct 29th, 2020 at 2.395

intermediate term down The intermediate-term trend has been DOWN since Jun 20th, 2022 at 4.946

short term down The short-term trend has been DOWN since Jun 14th, 2022 at 5.549

Smart Scan Analysis for NG.Q23

Based on our trend formula, NG.Q23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NG.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.400 4.453 4.400 4.452 +0.093
Prev. Close Volume Bid Ask Time
4.359 50 2022-07-07 09:08:43
Expiration2023-07-27Open Time18:00
Close Time17:00
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