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Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
NATURAL GAS Nov 2022 (NYMEX:NG.X22)
Strong Downtrend (-100) - NG.X22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.X22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NG.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X22.
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.X22
The long-term trend has been DOWN since Jul 5th, 2022 at 5.682
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 8.088
The short-term trend has been DOWN since Jun 30th, 2022 at 6.206
Smart Scan Analysis for NG.X22
Based on our trend formula, NG.X22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.961 | 5.971 | 5.506 | 5.532 | -0.477 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.009 | 18857 | 2022-07-05 16:58:51 |
| First Delivery | 2022-11-30 | Expiration | 2022-10-27 |
| Open Time | 18:00 | Close Time | 17:00 |