Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
NATURAL GAS Apr 2023 (NYMEX:NG.J23)
Long-Term Uptrend (+90) - NG.J23 is in a strong uptrend that is likely to continue. While NG.J23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NG.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.J23
The long-term trend has been UP since Feb 2nd, 2021 at 2.394
The intermediate-term trend has been UP since Apr 13th, 2021 at 2.383
The short-term trend has been UP since Oct 8th, 2021 at 3.280
Smart Scan Analysis for NG.J23
Based on our trend formula, NG.J23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).