Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
NATURAL GAS Jan 2024 (NYMEX:NG.F24)
Countertrend Up (+85) - NG.F24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NG.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.F24
The long-term trend has been UP since Nov 18th, 2020 at 2.833
The intermediate-term trend has been UP since Jan 9th, 2022 at 3.700
The short-term trend has been DOWN since Jan 19th, 2022 at 3.681
Smart Scan Analysis for NG.F24
Based on our trend formula, NG.F24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).