NATURAL GAS

- USD (-)

- 10 min delayed data - NYMEX Futures

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Commodities
Ticker:	NG
ISIN:

NATURAL GAS - 15 min. - Technical analysis published on 03/18/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

28%

44%

My opinion

Bullish above 1.728 USD

My targets

1.731 USD (+0.10%)

1.732 USD (+0.19%)

My analysis

A bullish trend on NATURAL GAS both in substance and in the short term. A purchase could be considered as long as the price remains above 1.728 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.731 USD. Then the price could move towards 1.732 USD. Then 1.734 USD by extension. Be careful, a return below 1.728 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

3.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by adamrak12. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NATURAL GAS price is 1.729 USD. On the day, this instrument gained +4.47% with the lowest point at 1.684 USD and the highest point at 1.747 USD. The deviation from the price is +2.67% for the low point and -1.03% for the high point.

1.684

1.747

1.729

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of NATURAL GAS in 15 min. shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.643	1.691	1.729	1.745	1.841	1.983
Change (%)	-4.97%	-2.20%	-	+0.93%	+6.48%	+14.69%
Change	-0.086	-0.038	-	+0.016	+0.112	+0.254
Level	Intermediate	Minor	-	Major	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.726	1.728	1.729	1.731	1.732	1.734	1.735
Camarilla	1.730	1.731	1.731	1.731	1.731	1.732	1.732
Woodie	1.727	1.728	1.730	1.731	1.733	1.734	1.736
Fibonacci	1.728	1.729	1.730	1.731	1.732	1.733	1.734

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.631	1.658	1.694	1.721	1.757	1.784	1.820
Camarilla	1.714	1.720	1.725	1.731	1.737	1.743	1.748
Woodie	1.637	1.660	1.700	1.723	1.763	1.786	1.826
Fibonacci	1.658	1.682	1.697	1.721	1.745	1.760	1.784

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.958	1.292	1.563	1.897	2.168	2.502	2.773
Camarilla	1.669	1.724	1.780	1.835	1.891	1.946	2.001
Woodie	0.928	1.276	1.533	1.881	2.138	2.486	2.743
Fibonacci	1.292	1.523	1.666	1.897	2.128	2.271	2.502

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.51
MACD (12,26,9):	0.0090
Directional Movement:	7.994
AROON (14):	-7.143
DEMA (21):	1.739
Parabolic SAR (0,02-0,02-0,2):	1.746
Elder Ray (13):	-0.001
Super Trend (3,10):	1.713
Zig ZAG (10):	1.731
VORTEX (21):	1.1860
Stochastique (14,3,5):	31.85
TEMA (21):	1.742
Williams %R (14):	-71.43
Chande Momentum Oscillator (20):	-0.007
Repulse (5,40,3):	0.0460
ROCnROLL:	-1
TRIX (15,9):	0.1100
Courbe Coppock:	1.98

MA7:	1.713
MA20:	1.796
MA50:	2.020
MA100:	2.188
MAexp7:	1.734
MAexp20:	1.726
MAexp50:	1.716
MAexp100:	1.715
Price / MA7:	+0.93%
Price / MA20:	-3.73%
Price / MA50:	-14.41%
Price / MA100:	-20.98%
Price / MAexp7:	-0.29%
Price / MAexp20:	+0.17%
Price / MAexp50:	+0.76%
Price / MAexp100:	+0.82%

Quotes : - 10 min delayed data - NYMEX Futures

News

The last news published on NATURAL GAS at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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