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Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
NATURAL GAS Nov 2021 (NYMEX:NG.X21)
Crossroads (-60) - NG.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X21.
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.X21
The long-term trend has been UP since May 17th, 2021 at 3.167
The intermediate-term trend has been DOWN since Oct 17th, 2021 at 5.238
The short-term trend has been DOWN since Oct 17th, 2021 at 5.400
Smart Scan Analysis for NG.X21
Based on our trend formula, NG.X21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.151 | 5.195 | 5.006 | 5.171 | +0.012 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.159 | 93386 | 2021-10-21 15:01:13 |
| First Delivery | 2021-11-30 | Expiration | 2021-10-27 |
| Open Time | 09:00 | Close Time | 14:30 |