Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
NATURAL GAS May 2024 (NYMEX:NG.K24)
Strong Downtrend (-100) - NG.K24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.K24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.K24
The long-term trend has been DOWN since Jan 3rd, 2022 at 2.867
The intermediate-term trend has been DOWN since Dec 6th, 2021 at 2.910
The short-term trend has been DOWN since Jan 13th, 2022 at 2.933
Smart Scan Analysis for NG.K24
Based on our trend formula, NG.K24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).