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Spread Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

NATURAL GAS May 2023/Nov 2023 Spread (NYMEX:NG.K23_X23)

Bear Market Rally (-75) - NG.K23_X23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.K23_X23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NG.K23_X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K23_X23.

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

NYMEX_NG.K23_X23
Open High Low NG.K23_X23 Price Change
-0.226 -0.226 -0.226 -0.238 -0.012
Entry Signal

MarketClub’s Trade Triangles for NG.K23_X23

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_X23

Based on our trend formula, NG.K23_X23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NG.K23_X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.226 -0.226 -0.226 -0.238 -0.012
Prev. Close Volume Bid Ask Time
-0.226 3 2022-05-25 17:28:41
Open Time09:00Close Time14:30
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