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Future Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
NATURAL GAS Apr 2024 (NYMEX:NG.J24)
Long-Term Downtrend (-90) - NG.J24 is in a strong downtrend that is likely to continue. While NG.J24 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 NG.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NG.J24
The long-term trend has been DOWN since Dec 21st, 2022 at 4.071
The intermediate-term trend has been DOWN since Dec 4th, 2022 at 4.181
The short-term trend has been DOWN since Jan 18th, 2023 at 3.575
Smart Scan Analysis for NG.J24
Based on our trend formula, NG.J24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.366 | 3.427 | 3.362 | 3.396 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.450 | 5288 | 2023-01-30 17:28:49 |
| Expiration | 2024-03-26 | Open Time | 18:00 |
| Close Time | 17:00 |