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Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
NATURAL GAS Jun 2023 (NYMEX:NG.M23)
Countertrend Up (+85) - NG.M23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NG.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NG.M23
The long-term trend has been UP since Feb 4th, 2021 at 2.345
The intermediate-term trend has been UP since Jul 17th, 2022 at 4.778
The short-term trend has been UP since Aug 4th, 2022 at 4.874
Smart Scan Analysis for NG.M23
Based on our trend formula, NG.M23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.786 | 4.805 | 4.675 | 4.764 | -0.065 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.821 | 2160 | 2022-08-08 15:11:05 |
| Expiration | 2023-05-26 | Open Time | 18:00 |
| Close Time | 17:00 |