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Spread Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

NATURAL GAS Sep 2020/Nov 2020 Spread (NYMEX:NG.U20_X20)

Weak Downtrend (-65) - NG.U20_X20 is showing signs of a strengthening downtrend. Monitor NG.U20_X20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.U20_X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U20_X20.

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

NYMEX_NG.U20_X20
Open High Low NG.U20_X20 Price Change
-0.475 -0.423 -0.494 -0.465 +0.007
Entry Signal

MarketClub’s Trade Triangles for NG.U20_X20

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.U20_X20

Based on our trend formula, NG.U20_X20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.U20_X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.475 -0.423 -0.494 -0.465 +0.007
Prev. Close Volume Bid Ask Time
-0.471 3345 2020-08-05 09:55:02
Open Time18:00Close Time17:00
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