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Spread Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

NATURAL GAS Sep 2023/HH Spread (NYMEX:NG.U23_HH.U23)

Bear Market Rally (-75) - NG.U23_HH.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.U23_HH.U23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NG.U23_HH.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U23_HH.U23.

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

NYMEX_NG.U23_HH.U23
Open High Low NG.U23_HH.U23 Price Change
0.00825 0.01125 0.00825 0.00950 +0.00050
Entry Signal

MarketClub’s Trade Triangles for NG.U23_HH.U23

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.U23_HH.U23

Based on our trend formula, NG.U23_HH.U23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NG.U23_HH.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00825 0.01125 0.00825 0.00950 +0.00050
Prev. Close Volume Bid Ask Time
0.00950 52 2022-08-19 14:38:46
Open Time09:00Close Time14:30
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