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Future Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
NATURAL GAS Aug 2022 (NYMEX:NG.Q22)
Bull Market Weakness (+75) - NG.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.Q22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NG.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q22.
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.Q22
The long-term trend has been UP since Apr 28th, 2021 at 2.594
The intermediate-term trend has been UP since Apr 6th, 2021 at 2.525
The short-term trend has been DOWN since Jun 21st, 2021 at 2.814
Smart Scan Analysis for NG.Q22
Based on our trend formula, NG.Q22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.836 | 2.836 | 2.813 | 2.830 | -0.017 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.824 | 527 | 2021-06-21 17:28:41 |
| First Delivery | 2022-08-31 | Expiration | 2022-07-27 |
| Open Time | 18:00 | Close Time | 17:00 |