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Spread Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
NATURAL GAS May 2021/Sep 2022 Spread (NYMEX:NG.K21_U22)
Long-Term Downtrend (-90) - NG.K21_U22 is in a strong downtrend that is likely to continue. While NG.K21_U22 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_U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K21_U22.
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.K21_U22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for NG.K21_U22
Based on our trend formula, NG.K21_U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.434 | 0.434 | 0.434 | 0.348 | +0.078 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.458 | 1 | 2021-02-16 09:38:22 |
| Open Time | 18:00 | Close Time | 17:00 |