Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
NATURAL GAS Sep 2024 (NYMEX:NG.U24)
Countertrend Up (+85) - NG.U24 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.U24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.U24
The long-term trend has been UP since Mar 15th, 2021 at 2.439
The intermediate-term trend has been UP since Jan 28th, 2022 at 3.084
The short-term trend has been UP since May 5th, 2022 at 4.003
Smart Scan Analysis for NG.U24
Based on our trend formula, NG.U24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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