Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

NATURAL GAS Dec 2023 (NYMEX:NG.Z23)

Sidelines Mode (-50) - NG.Z23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NG.Z23 can gain momentum.

Is it time to buy, sell, or avoid NG.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_NG.Z23
Open High Low NG.Z23 Price Change
3.658 3.689 3.650 3.666 -0.014
Entry Signal

MarketClub’s Trade Triangles for NG.Z23

long term up The long-term trend has been UP since Jul 24th, 2020 at 2.630

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2021 at 3.613

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 3.667

Smart Scan Analysis for NG.Z23

Based on our trend formula, NG.Z23 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for NG.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.658 3.689 3.650 3.666 -0.014
Prev. Close Volume Bid Ask Time
3.671 366 2021-11-30 15:15:17
Expiration2023-11-28Open Time09:00
Close Time14:30
Get a free daily analysis and signals for NATURAL GAS Dec 2023 (NG.Z23) - Request Your Free Report.