Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
NATURAL GAS Aug 2021 (NYMEX:NG.Q21)
Countertrend Up (+85) - NG.Q21 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.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Q21
The long-term trend has been UP since Feb 14th, 2021 at 3.082
The intermediate-term trend has been UP since Apr 13th, 2021 at 2.801
The short-term trend has been DOWN since May 6th, 2021 at 2.999
Smart Scan Analysis for NG.Q21
Based on our trend formula, NG.Q21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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