Future Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
NATURAL GAS Apr 2024 (NYMEX:NG.J24)
Sidelines Mode (+55) - NG.J24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for NG.J24
The long-term trend has been UP since Aug 14th, 2023 at 3.281
The intermediate-term trend has been DOWN since Aug 30th, 2023 at 3.068
The short-term trend has been UP since Sep 28th, 2023 at 3.013
Smart Scan Analysis for NG.J24
Based on our trend formula, NG.J24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).