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Spread Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

NATURAL GAS Aug 2021/Oct 2021 Spread (NYMEX:NG.Q21_V21)

Weak Downtrend (-65) - NG.Q21_V21 is showing signs of a strengthening downtrend. Monitor NG.Q21_V21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.Q21_V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q21_V21.

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

NYMEX_NG.Q21_V21
Open High Low NG.Q21_V21 Price Change
-0.008 0.005 -0.008 0.004 +0.012
Entry Signal

MarketClub’s Trade Triangles for NG.Q21_V21

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.Q21_V21

Based on our trend formula, NG.Q21_V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.Q21_V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.008 0.005 -0.008 0.004 +0.012
Prev. Close Volume Bid Ask Time
-0.008 1487 2021-05-17 12:25:07
Open Time09:00Close Time14:30
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