Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
NATURAL GAS Sep 2023 (NYMEX:NG.U23)
Sidelines Mode (+55) - NG.U23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NG.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.U23
The long-term trend has been UP since Oct 22nd, 2020 at 2.384
The intermediate-term trend has been DOWN since Jun 20th, 2022 at 4.909
The short-term trend has been UP since Jun 23rd, 2022 at 4.880
Smart Scan Analysis for NG.U23
Based on our trend formula, NG.U23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).