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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.
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MarketClub’s Trade Triangles for NG.Q23
The long-term trend has been UP since Oct 29th, 2020 at 2.395
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 4.946
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).
| 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 |
| Expiration | 2023-07-27 | Open Time | 18:00 |
| Close Time | 17:00 |