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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.

NYMEX_NG.K22
Open High Low NG.K22 Price Change
2.488 2.488 2.452 2.462 -0.023
Entry Signal

MarketClub’s Trade Triangles for NG.K22

long term down The long-term trend has been DOWN since Dec 3rd, 2020 at 2.373

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2021 at 2.481

short term down 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).

-75
Smart Scan Analysis for NG.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.488 2.488 2.452 2.462 -0.023
Prev. Close Volume Bid Ask Time
2.485 1351 2021-02-24 17:28:44
First Delivery2022-05-31Expiration2022-04-27
Open Time09:00Close Time14:30
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