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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.

NYMEX_NG.U24
Open High Low NG.U24 Price Change
4.170 4.170 4.170 4.170 +0.013
Entry Signal

MarketClub’s Trade Triangles for NG.U24

long term up The long-term trend has been UP since Mar 15th, 2021 at 2.439

intermediate term up The intermediate-term trend has been UP since Jan 28th, 2022 at 3.084

short term up 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).

+80
Smart Scan Analysis for NG.U24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.170 4.170 4.170 4.170 +0.013
Prev. Close Volume Bid Ask Time
4.157 1 2022-05-24 12:03:08
First Delivery2024-09-30Expiration2024-08-28
Open Time09:00Close Time14:30
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