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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.

NYMEX_NG.K24
Open High Low NG.K24 Price Change
2.900 2.900 2.900 2.896 +0.010
Entry Signal

MarketClub’s Trade Triangles for NG.K24

long term down The long-term trend has been DOWN since Jan 3rd, 2022 at 2.867

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2021 at 2.910

short term down 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).

-100
Smart Scan Analysis for NG.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.900 2.900 2.900 2.896 +0.010
Prev. Close Volume Bid Ask Time
2.900 8 2022-01-18 14:28:35
Expiration2024-04-26Open Time09:00
Close Time14:30
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