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Future Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
NATURAL GAS Oct 2024 (NYMEX:NG.V24)
Strong Downtrend (-100) - NG.V24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.V24 continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NG.V24
The long-term trend has been DOWN since Dec 7th, 2022 at 4.246
The intermediate-term trend has been DOWN since May 10th, 2023 at 3.399
The short-term trend has been DOWN since Jun 9th, 2023 at 3.335
Smart Scan Analysis for NG.V24
Based on our trend formula, NG.V24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.352 | 3.356 | 3.320 | 3.319 | -0.052 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.319 | 1495 | 2023-06-09 16:44:59 |
| Expiration | 2024-09-26 | Open Time | 18:00 |
| Close Time | 17:00 |