NATURAL GAS - 15 min. - Technical analysis published on 02/28/2022 (GMT)
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- 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 bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 4.534 USD
My targets
4.353 USD (-2.03%)
4.235 USD (-4.67%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NATURAL GAS as long as the price remains well below 4.534 USD. The sellers' bearish objective is set at 4.353 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.235 USD. In case of crossing, the next objective would be the support located at 4.054 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6
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This analysis was given by Crystal7. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NATURAL GAS price is 4.443 USD. The price is lower by -0.60% since the last closing and was traded between 4.366 USD and 4.683 USD over the period. The price is currently at +1.76% from its lowest and -5.12% from its highest.4.366
4.683
4.443
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NATURAL GAS in 15 min. shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.283 | 4.371 | 4.435 | 4.443 | 4.556 | 4.706 | 4.832 |
| Change (%) | -3.60% | -1.62% | -0.18% | - | +2.54% | +5.92% | +8.76% |
| Change | -0.160 | -0.072 | -0.008 | - | +0.113 | +0.263 | +0.389 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Major |
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 | 4.054 | 4.235 | 4.353 | 4.534 | 4.652 | 4.833 | 4.951 |
| Camarilla | 4.388 | 4.415 | 4.443 | 4.470 | 4.497 | 4.525 | 4.552 |
| Woodie | 4.022 | 4.219 | 4.321 | 4.518 | 4.620 | 4.817 | 4.919 |
| Fibonacci | 4.235 | 4.350 | 4.420 | 4.534 | 4.649 | 4.719 | 4.833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.749 | 4.081 | 4.275 | 4.607 | 4.801 | 5.133 | 5.327 |
| Camarilla | 4.325 | 4.374 | 4.422 | 4.470 | 4.518 | 4.566 | 4.615 |
| Woodie | 3.681 | 4.047 | 4.207 | 4.573 | 4.733 | 5.099 | 5.259 |
| Fibonacci | 4.081 | 4.282 | 4.406 | 4.607 | 4.808 | 4.932 | 5.133 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.189 | 2.816 | 3.766 | 4.393 | 5.343 | 5.970 | 6.920 |
| Camarilla | 4.281 | 4.426 | 4.570 | 4.715 | 4.860 | 5.004 | 5.149 |
| Woodie | 2.350 | 2.897 | 3.927 | 4.474 | 5.504 | 6.051 | 7.081 |
| Fibonacci | 2.816 | 3.419 | 3.791 | 4.393 | 4.996 | 5.368 | 5.970 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 34.70 | |
| MACD (12,26,9): | -0.0420 | |
| Directional Movement: | -19.153 | |
| AROON (14): | -85.714 | |
| DEMA (21): | 4.443 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.519 | |
| Elder Ray (13): | -0.046 | |
| Super Trend (3,10): | 4.527 | |
| Zig ZAG (10): | 4.423 | |
| VORTEX (21): | 0.8410 | |
| Stochastique (14,3,5): | 21.74 | |
| TEMA (21): | 4.416 | |
| Williams %R (14): | -73.04 | |
| Chande Momentum Oscillator (20): | -0.122 | |
| Repulse (5,40,3): | 0.1280 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1020 | |
| Courbe Coppock: | 4.91 |
| MA7: | 4.531 | |
| MA20: | 4.452 | |
| MA50: | 4.098 | |
| MA100: | 4.375 | |
| MAexp7: | 4.440 | |
| MAexp20: | 4.491 | |
| MAexp50: | 4.533 | |
| MAexp100: | 4.555 | |
| Price / MA7: | -1.94% | |
| Price / MA20: | -0.20% | |
| Price / MA50: | +8.42% | |
| Price / MA100: | +1.55% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | -1.07% | |
| Price / MAexp50: | -1.99% | |
| Price / MAexp100: | -2.46% |
Quotes :
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10 min delayed data
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NYMEX Futures
News
The latest news and videos published on NATURAL GAS at the time of the analysis were as follows:
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Natural gas Prices forecast for the week of December 12 2016, Technical Analysis
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Natural Gas Technical Analysis for December 12 2016 by FXEmpire.com
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Natural Gas Technical Analysis for December 09 2016 by FXEmpire.com
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Natural Gas Technical Analysis for December 08 2016 by FXEmpire.com
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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.
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