Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
NATURAL GAS Jun 2021 (NYMEX:NG.M21)
Sidelines Mode (-55) - NG.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NG.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.M21
The long-term trend has been DOWN since Apr 6th, 2021 at 2.551
The intermediate-term trend has been UP since Apr 15th, 2021 at 2.718
The short-term trend has been DOWN since May 7th, 2021 at 2.928
Smart Scan Analysis for NG.M21
Based on our trend formula, NG.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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