Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

NATURAL GAS (TAS) Sep 2022/Nov 2022 Spread (NYMEX:NGT.U22_X22)

Long-Term Downtrend (-90) - NGT.U22_X22 is in a strong downtrend that is likely to continue. While NGT.U22_X22 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 NGT.U22_X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for NGT.U22_X22.

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

NYMEX_NGT.U22_X22
Open High Low NGT.U22_X22 Price Change
1 1 1 1 +2
Entry Signal

MarketClub’s Trade Triangles for NGT.U22_X22

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 NGT.U22_X22

Based on our trend formula, NGT.U22_X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NGT.U22_X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1 1 1 1 +2
Prev. Close Volume Bid Ask Time
1 47 2022-06-24 14:28:30
Open Time18:00Close Time14:30
Get a free daily analysis and signals for NATURAL GAS (TAS) Sep 2022/Nov 2022 Spread (NGT.U22_X22) - Request Your Free Report.