Future Trend Analysis Report
Prepared for you on Thursday, December 8, 2022.
NATURAL GAS Feb 2024 (NYMEX:NG.G24)
Crossroads (-60) - NG.G24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NG.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.G24
The long-term trend has been UP since Nov 11th, 2020 at 2.765
The intermediate-term trend has been DOWN since Dec 6th, 2022 at 5.395
The short-term trend has been DOWN since Dec 1st, 2022 at 5.880
Smart Scan Analysis for NG.G24
Based on our trend formula, NG.G24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).