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Future Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

NATURAL GAS May 2020 (NYMEX:NG.K20)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_NG.K20
Open High Low NG.K20 Price Change
2.261 2.261 2.226 2.244 -0.027
Entry Signal

MarketClub’s Trade Triangles for NG.K20

long term down The long term trend has been DOWN since May 31st, 2019 at 2.489

intermediate term down The intermediate term trend has been DOWN since Jul 24th, 2019 at 2.336

short term down The short term trend has been DOWN since Aug 16th, 2019 at 2.232

Smart Scan Analysis for NG.K20

Based on a pre-defined weighted trend formula for chart analysis, NG.K20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NG.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.261 2.261 2.226 2.244 -0.027
Prev. Close Volume Bid Ask Time
2.522 3708 2019-08-16 16:32:59
First Delivery2020-05-31Expiration2020-04-28
Open Time09:00Close Time14:30
Want to analyze NATURAL GAS May 2020 NG.K20 or another symbol? Try our Free Future Trend Analysis Report.