Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
NATURAL GAS Oct 2024/Nov 2024 Spread (NYMEX:NG.V24_X24)
Long-Term Downtrend (-90) - NG.V24_X24 is in a strong downtrend that is likely to continue. While NG.V24_X24 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.V24_X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.V24_X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NG.V24_X24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for NG.V24_X24
Based on our trend formula, NG.V24_X24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| -0.194 | -0.161 | -0.215 | -0.166 | +0.014 |
| Prev. Close | Volume | Bid | Ask | Time |
| -0.180 | 15 | 2022-07-06 11:28:29 |
| Open Time | 09:00 | Close Time | 14:30 |