Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
NATURAL GAS (TAS) Dec 2023 (NYMEX:NGT.Z23)
Sidelines Mode (-55) - NGT.Z23 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 NGT.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGT.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGT.Z23
The long-term trend has been DOWN since Oct 12th, 2023 at -2
The intermediate-term trend has been DOWN since Nov 8th, 2023 at -2
The short-term trend has been UP since Nov 24th, 2023 at 1
Smart Scan Analysis for NGT.Z23
Based on our trend formula, NGT.Z23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5||52wk High Date||2023-10-02|
|52wk Low||-10.00000000||52wk Low Date||2023-11-15|
|Open Time||09:00||Close Time||14:30|