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Future Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

NATURAL GAS May 2023 (NYMEX:NG.K23)

Weak Downtrend (-65) - NG.K23 is showing signs of a strengthening downtrend. Monitor NG.K23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NG.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_NG.K23
Open High Low NG.K23 Price Change
3.045 3.105 2.997 3.034 -0.093
Entry Signal

MarketClub’s Trade Triangles for NG.K23

long term up The long-term trend has been UP since Jan 21st, 2021 at 2.340

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2021 at 3.110

short term down The short-term trend has been DOWN since Nov 29th, 2021 at 3.201

Smart Scan Analysis for NG.K23

Based on our trend formula, NG.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NG.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.045 3.105 2.997 3.034 -0.093
Prev. Close Volume Bid Ask Time
3.134 2227 2021-12-06 15:45:01
Expiration2023-04-26Open Time09:00
Close Time14:30
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