NATURAL GAS - 15 min. - Technical analysis published on 01/27/2022 (GMT)
- 105
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 4.029 USD
My targets
4.201 USD (+1.51%)
4.367 USD (+5.50%)
My analysis
NATURAL GAS is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.029 USD. The next resistance located at 4.201 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.367 USD. After this resistance, buyers could then target 4.539 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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 didi059. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NATURAL GAS rating is 4.139 USD. On the day, this instrument gained +2.55% with the lowest point at 3.990 USD and the highest point at 4.148 USD. The deviation from the price is +3.73% for the low point and -0.22% for the high point.3.990
4.148
4.139
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NATURAL GAS:
Technical
Technical analysis of this 15 min. chart of NATURAL GAS indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.822 | 3.964 | 4.040 | 4.139 | 4.194 | 4.335 | 4.387 |
| Change (%) | -7.66% | -4.23% | -2.39% | - | +1.33% | +4.74% | +5.99% |
| Change | -0.317 | -0.175 | -0.099 | - | +0.055 | +0.196 | +0.248 |
| Level | Major | Minor | Minor | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.525 | 3.691 | 3.863 | 4.029 | 4.201 | 4.367 | 4.539 |
| Camarilla | 3.943 | 3.974 | 4.005 | 4.036 | 4.067 | 4.098 | 4.129 |
| Woodie | 3.529 | 3.693 | 3.867 | 4.031 | 4.205 | 4.369 | 4.543 |
| Fibonacci | 3.691 | 3.820 | 3.900 | 4.029 | 4.158 | 4.238 | 4.367 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.956 | 3.290 | 3.565 | 3.899 | 4.174 | 4.508 | 4.783 |
| Camarilla | 3.674 | 3.729 | 3.785 | 3.841 | 3.897 | 3.953 | 4.009 |
| Woodie | 2.928 | 3.275 | 3.537 | 3.884 | 4.146 | 4.493 | 4.755 |
| Fibonacci | 3.290 | 3.522 | 3.666 | 3.899 | 4.131 | 4.275 | 4.508 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.506 | 2.913 | 3.242 | 3.649 | 3.978 | 4.385 | 4.714 |
| Camarilla | 3.370 | 3.437 | 3.505 | 3.572 | 3.640 | 3.707 | 3.774 |
| Woodie | 2.468 | 2.894 | 3.204 | 3.630 | 3.940 | 4.366 | 4.676 |
| Fibonacci | 2.913 | 3.194 | 3.368 | 3.649 | 3.930 | 4.104 | 4.385 |
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): | 72.43 | |
| MACD (12,26,9): | 0.0310 | |
| Directional Movement: | 25.329 | |
| AROON (14): | 92.857 | |
| DEMA (21): | 4.115 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.080 | |
| Elder Ray (13): | 0.040 | |
| Super Trend (3,10): | 4.062 | |
| Zig ZAG (10): | 4.145 | |
| VORTEX (21): | 1.3060 | |
| Stochastique (14,3,5): | 91.66 | |
| TEMA (21): | 4.141 | |
| Williams %R (14): | -2.10 | |
| Chande Momentum Oscillator (20): | 0.135 | |
| Repulse (5,40,3): | 1.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0750 | |
| Courbe Coppock: | 5.46 |
| MA7: | 3.899 | |
| MA20: | 3.918 | |
| MA50: | 3.925 | |
| MA100: | 4.590 | |
| MAexp7: | 4.125 | |
| MAexp20: | 4.079 | |
| MAexp50: | 4.052 | |
| MAexp100: | 4.023 | |
| Price / MA7: | +6.16% | |
| Price / MA20: | +5.64% | |
| Price / MA50: | +5.45% | |
| Price / MA100: | -9.83% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | +1.47% | |
| Price / MAexp50: | +2.15% | |
| Price / MAexp100: | +2.88% |
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:
-
Natural gas Prices forecast for the week of December 12 2016, Technical Analysis
-
Natural Gas Technical Analysis for December 12 2016 by FXEmpire.com
-
Natural Gas Technical Analysis for December 09 2016 by FXEmpire.com
-
Natural Gas Technical Analysis for December 08 2016 by FXEmpire.com
-
Natural Gas Technical Analysis for December 07 2016 by FXEmpire.com
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis NATURAL GAS - 15 min.