Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
NATURAL GAS May 2021 (NYMEX:NG.K21)
Sidelines Mode (-55) - NG.K21 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.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 Mar 25th, 2020 at 2.303
The intermediate-term trend has been DOWN since May 20th, 2020 at 2.482
The short-term trend has been UP since May 29th, 2020 at 2.481
Smart Scan Analysis for NG.K21
Based on our trend formula, NG.K21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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