Future Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
NATURAL GAS May 2021 (NYMEX:NG.K21)
Crossroads (-60) - NG.K21 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.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.K21
The long-term trend has been UP since Feb 17th, 2021 at 3.011
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 2.747
The short-term trend has been DOWN since Feb 18th, 2021 at 2.957
Smart Scan Analysis for NG.K21
Based on our trend formula, NG.K21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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