NATURAL GAS - 15 min. - Technical analysis published on 03/22/2022 (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 bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 5.001 USD
My targets
5.229 USD (+1.96%)
5.501 USD (+7.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NATURAL GAS as long as the price remains well above 5.001 USD. The buyers' bullish objective is set at 5.229 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.501 USD. If there is any crossing, the next objective would be the resistance located at 6.102 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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Additional analysis
Quotes
NATURAL GAS rating 5.129 USD. The price registered an increase of +4.67% on the session and was between 4.877 USD and 5.197 USD. This implies that the price is at +5.17% from its lowest and at -1.31% from its highest.4.877
5.197
5.129
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NATURAL GAS in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.747 | 4.837 | 4.972 | 5.129 | 5.501 | 6.102 | 8.871 |
| Change (%) | -7.45% | -5.69% | -3.06% | - | +7.25% | +18.97% | +72.96% |
| Change | -0.382 | -0.292 | -0.157 | - | +0.372 | +0.973 | +3.742 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Minor |
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 | 4.545 | 4.647 | 4.773 | 4.875 | 5.001 | 5.103 | 5.229 |
| Camarilla | 4.837 | 4.858 | 4.879 | 4.900 | 4.921 | 4.942 | 4.963 |
| Woodie | 4.558 | 4.653 | 4.786 | 4.881 | 5.014 | 5.109 | 5.242 |
| Fibonacci | 4.647 | 4.734 | 4.788 | 4.875 | 4.962 | 5.016 | 5.103 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.006 | 4.232 | 4.548 | 4.774 | 5.090 | 5.316 | 5.632 |
| Camarilla | 4.714 | 4.764 | 4.813 | 4.863 | 4.913 | 4.962 | 5.012 |
| Woodie | 4.050 | 4.255 | 4.592 | 4.797 | 5.134 | 5.339 | 5.676 |
| Fibonacci | 4.232 | 4.439 | 4.567 | 4.774 | 4.981 | 5.109 | 5.316 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.067 | 2.954 | 3.763 | 4.650 | 5.459 | 6.346 | 7.155 |
| Camarilla | 4.107 | 4.262 | 4.418 | 4.573 | 4.729 | 4.884 | 5.039 |
| Woodie | 2.029 | 2.935 | 3.725 | 4.631 | 5.421 | 6.327 | 7.117 |
| Fibonacci | 2.954 | 3.602 | 4.002 | 4.650 | 5.298 | 5.698 | 6.346 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.91 | |
| MACD (12,26,9): | 0.0220 | |
| Directional Movement: | 20.476 | |
| AROON (14): | 100.000 | |
| DEMA (21): | 4.985 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.937 | |
| Elder Ray (13): | 0.062 | |
| Super Trend (3,10): | 4.947 | |
| Zig ZAG (10): | 5.052 | |
| VORTEX (21): | 1.2470 | |
| Stochastique (14,3,5): | 93.58 | |
| TEMA (21): | 5.011 | |
| Williams %R (14): | -1.71 | |
| Chande Momentum Oscillator (20): | 0.149 | |
| Repulse (5,40,3): | 2.4080 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0390 | |
| Courbe Coppock: | 4.45 |
| MA7: | 4.843 | |
| MA20: | 4.713 | |
| MA50: | 4.455 | |
| MA100: | 4.286 | |
| MAexp7: | 5.023 | |
| MAexp20: | 4.962 | |
| MAexp50: | 4.943 | |
| MAexp100: | 4.930 | |
| Price / MA7: | +5.91% | |
| Price / MA20: | +8.83% | |
| Price / MA50: | +15.13% | |
| Price / MA100: | +19.67% | |
| Price / MAexp7: | +2.11% | |
| Price / MAexp20: | +3.37% | |
| Price / MAexp50: | +3.76% | |
| Price / MAexp100: | +4.04% |
Quotes :
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10 min delayed data
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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
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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
-
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.
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