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Spread Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

NATURAL GAS Dec 2022/Apr 2023 Spread (NYMEX:NG.Z22_J23)

Weak Downtrend (-65) - NG.Z22_J23 is showing signs of a strengthening downtrend. Monitor NG.Z22_J23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.Z22_J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z22_J23.

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

NYMEX_NG.Z22_J23
Open High Low NG.Z22_J23 Price Change
3.826 3.826 3.826 3.826 +0.026
Entry Signal

MarketClub’s Trade Triangles for NG.Z22_J23

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.Z22_J23

Based on our trend formula, NG.Z22_J23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.Z22_J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.826 3.826 3.826 3.826 +0.026
Prev. Close Volume Bid Ask Time
3.800 1 2022-08-18 06:38:56
Open Time18:00Close Time17:00
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