Future Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
NATURAL GAS May 2022 (NYMEX:NG.K22)
Bear Market Rally (-75) - NG.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.K22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NG.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.K22
The long-term trend has been DOWN since Dec 3rd, 2020 at 2.373
The intermediate-term trend has been UP since Jan 13th, 2021 at 2.481
The short-term trend has been DOWN since Feb 19th, 2021 at 2.496
Smart Scan Analysis for NG.K22
Based on our trend formula, NG.K22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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