Future Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
NATURAL GAS (TAS) Nov 2020 (NYMEX:NGT.X20)
Sidelines Mode (-55) - NGT.X20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NGT.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGT.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGT.X20
The long-term trend has been UP since Sep 21st, 2020 at 7
The intermediate-term trend has been DOWN since Oct 22nd, 2020 at -4
The short-term trend has been UP since Oct 26th, 2020 at 1
Smart Scan Analysis for NGT.X20
Based on our trend formula, NGT.X20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8||52wk High Date||2020-09-21|
|52wk Low||-8||52wk Low Date||2020-09-08|
|Open Time||09:00||Close Time||14:30|