Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

NATURAL GAS Aug 2023 (NYMEX:NG.Q23)

Strong Downtrend (-100) - NG.Q23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.Q23 continues to fall. Traders should use caution and set stops.

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
2.402 2.415 2.325 2.331 -0.055
Entry Signal

MarketClub’s Trade Triangles for NG.Q23

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 4.535

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2023 at 2.390

short term down The short-term trend has been DOWN since Jun 9th, 2023 at 2.376

Smart Scan Analysis for NG.Q23

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

-100
Smart Scan Analysis for NG.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.402 2.415 2.325 2.331 -0.055
Prev. Close Volume Bid Ask Time
2.343 60574 2023-06-09 16:55:00
Expiration2023-07-27Open Time18:00
Close Time17:00
Get a free daily analysis and signals for NATURAL GAS Aug 2023 (NG.Q23) - Request Your Free Report.