Future Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
NATURAL GAS Aug 2023 (NYMEX:NG.Q23)
Countertrend Up (+85) - NG.Q23 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.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.Q23
The long-term trend has been UP since Oct 29th, 2020 at 2.395
The intermediate-term trend has been UP since Jun 1st, 2021 at 2.496
The short-term trend has been UP since Jun 1st, 2021 at 2.499
Smart Scan Analysis for NG.Q23
Based on our trend formula, NG.Q23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).