Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
NATURAL GAS Oct 2024 (NYMEX:NG.V24)
Bull Market Weakness (+75) - NG.V24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.V24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.V24
The long-term trend has been UP since Mar 2nd, 2021 at 2.438
The intermediate-term trend has been UP since Sep 17th, 2018 at 2.674
The short-term trend has been UP since Mar 2nd, 2021 at 2.442
Smart Scan Analysis for NG.V24
Based on our trend formula, NG.V24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).