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Spread Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

NATURAL GAS May 2023/Jun 2023 Spread (NYMEX:NG.K23_M23)

Weak Downtrend (-65) - NG.K23_M23 is showing signs of a strengthening downtrend. Monitor NG.K23_M23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.K23_M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K23_M23.

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

NYMEX_NG.K23_M23
Open High Low NG.K23_M23 Price Change
-0.045 -0.044 -0.047 -0.046 +0.001
Entry Signal

MarketClub’s Trade Triangles for NG.K23_M23

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.K23_M23

Based on our trend formula, NG.K23_M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.K23_M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.045 -0.044 -0.047 -0.046 +0.001
Prev. Close Volume Bid Ask Time
-0.047 756 2022-08-19 16:07:16
Open Time09:00Close Time14:30
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