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Spread Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

NATURAL GAS Nov 2020/Jan 2021 Spread (NYMEX:NG.X20_F21)

Weak Downtrend (-65) - NG.X20_F21 is showing signs of a strengthening downtrend. Monitor NG.X20_F21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.X20_F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X20_F21.

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

NYMEX_NG.X20_F21
Open High Low NG.X20_F21 Price Change
-0.428 -0.405 -0.432 -0.428 +0.002
Entry Signal

MarketClub’s Trade Triangles for NG.X20_F21

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.X20_F21

Based on our trend formula, NG.X20_F21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.X20_F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.428 -0.405 -0.432 -0.428 +0.002
Prev. Close Volume Bid Ask Time
-0.617 520 2020-08-13 10:53:01
Open Time09:00Close Time14:30
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