Free Daily Analysis

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.

NYMEX_NG.V24
Open High Low NG.V24 Price Change
2.520 2.520 2.520 2.522 -0.002
Entry Signal

MarketClub’s Trade Triangles for NG.V24

long term up The long-term trend has been UP since Mar 2nd, 2021 at 2.438

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2018 at 2.674

short term up 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).

+70
Smart Scan Analysis for NG.V24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.520 2.520 2.520 2.522 -0.002
Prev. Close Volume Bid Ask Time
2.520 2 2021-05-06 11:43:01
Expiration2024-09-26Open Time18:00
Close Time17:00
Get a free daily analysis and signals for NATURAL GAS Oct 2024 (NG.V24) - Request Your Free Report.