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Spread Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

NATURAL GAS Dec 2020/Oct 2021 Spread (NYMEX:NG.Z20_V21)

Bear Market Rally (-75) - NG.Z20_V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.Z20_V21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NG.Z20_V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z20_V21.

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

NYMEX_NG.Z20_V21
Open High Low NG.Z20_V21 Price Change
0.271 0.401 0.271 0.361 +0.082
Entry Signal

MarketClub’s Trade Triangles for NG.Z20_V21

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.Z20_V21

Based on our trend formula, NG.Z20_V21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NG.Z20_V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.271 0.401 0.271 0.361 +0.082
Prev. Close Volume Bid Ask Time
0.251 207 2020-09-23 14:28:47
Open Time18:00Close Time17:00
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