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Spread Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

NATURAL GAS Jun 2023/HH Spread (NYMEX:NG.M23_HH.M23)

Weak Downtrend (-65) - NG.M23_HH.M23 is showing signs of a strengthening downtrend. Monitor NG.M23_HH.M23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.M23_HH.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M23_HH.M23.

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

NYMEX_NG.M23_HH.M23
Open High Low NG.M23_HH.M23 Price Change
0.00975 0.00975 0.00775 0.00825 +0.00025
Entry Signal

MarketClub’s Trade Triangles for NG.M23_HH.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.M23_HH.M23

Based on our trend formula, NG.M23_HH.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.M23_HH.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00975 0.00975 0.00775 0.00825 +0.00025
Prev. Close Volume Bid Ask Time
0.00800 149 2022-08-16 15:14:23
Open Time09:00Close Time14:30
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