Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Thursday, January 21, 2021.

NATURAL GAS Apr 2022/May 2022 Spread (NYMEX:NG.J22_K22)

Long-Term Downtrend (-90) - NG.J22_K22 is in a strong downtrend that is likely to continue. While NG.J22_K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG.J22_K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J22_K22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_NG.J22_K22
Open High Low NG.J22_K22 Price Change
0.049 0.049 0.044 0.046 -0.003
Entry Signal

MarketClub’s Trade Triangles for NG.J22_K22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for NG.J22_K22

Based on our trend formula, NG.J22_K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.J22_K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.049 0.049 0.044 0.046 -0.003
Prev. Close Volume Bid Ask Time
0.070 1648 2021-01-20 17:28:39
Open Time18:00Close Time17:00
Get a free daily analysis and signals for NATURAL GAS Apr 2022/May 2022 Spread (NG.J22_K22) - Request Your Free Report.