Future Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
NATURAL GAS Jun 2024 (NYMEX:NG.M24)
Bull Market Weakness (+75) - NG.M24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.M24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.M24
The long-term trend has been UP since Aug 26th, 2021 at 2.685
The intermediate-term trend has been UP since Jan 24th, 2022 at 2.977
The short-term trend has been UP since May 5th, 2022 at 3.780
Smart Scan Analysis for NG.M24
Based on our trend formula, NG.M24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).