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Future Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

NATURAL GAS Dec 2023 (NYMEX:NG.Z23)

Strong Downtrend (-100) - NG.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.Z23 continues to fall. Traders should use caution and set stops.

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
2.790 2.815 2.669 2.706 -0.104
Entry Signal

MarketClub’s Trade Triangles for NG.Z23

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 3.340

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 3.233

short term down The short-term trend has been DOWN since Nov 24th, 2023 at 2.848

Smart Scan Analysis for NG.Z23

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

-100
Smart Scan Analysis for NG.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.790 2.815 2.669 2.706 -0.104
Prev. Close Volume Bid Ask Time
2.685 4140 2023-11-28 17:28:41
Expiration2023-11-28Open Time18:00
Close Time17:00
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