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Spread Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

NATURAL GAS May 2021/Jun 2021 Spread (NYMEX:NG.K21_M21)

Long-Term Downtrend (-90) - NG.K21_M21 is in a strong downtrend that is likely to continue. While NG.K21_M21 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.K21_M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K21_M21.

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

NYMEX_NG.K21_M21
Open High Low NG.K21_M21 Price Change
-0.043 -0.041 -0.044 -0.042 +0.001
Entry Signal

MarketClub’s Trade Triangles for NG.K21_M21

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.K21_M21

Based on our trend formula, NG.K21_M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.K21_M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.043 -0.041 -0.044 -0.042 +0.001
Prev. Close Volume Bid Ask Time
-0.037 282 2020-05-29 16:45:00
Open Time09:00Close Time14:30
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