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Spread Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

NATURAL GAS Aug 2022/Feb 2023 Spread (NYMEX:NG.Q22_G23)

Long-Term Downtrend (-90) - NG.Q22_G23 is in a strong downtrend that is likely to continue. While NG.Q22_G23 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.Q22_G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q22_G23.

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

NYMEX_NG.Q22_G23
Open High Low NG.Q22_G23 Price Change
-0.282 -0.282 -0.282 -0.268 +0.014
Entry Signal

MarketClub’s Trade Triangles for NG.Q22_G23

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.Q22_G23

Based on our trend formula, NG.Q22_G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.Q22_G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.282 -0.282 -0.282 -0.268 +0.014
Prev. Close Volume Bid Ask Time
-0.282 3 2021-10-19 17:28:46
Open Time09:00Close Time14:30
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