NATURAL GAS
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 03/24/2022 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 5.218 USD
My targets
5.344 USD (+2.18%)
5.456 USD (+4.32%)
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 5.218 USD. The next resistance located at 5.344 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 5.456 USD. After this resistance, buyers could then target 5.582 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.1

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:
1H Daily Weekly

Additional analysis

Quotes

The NATURAL GAS price is 5.230 USD. On the day, this instrument lost -0.04% with the lowest point at 5.110 USD and the highest point at 5.234 USD. The deviation from the price is +2.35% for the low point and -0.08% for the high point.

5.110
5.234
5.230

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

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. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes



In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 15 minutes



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


S3S2S1PriceR1R2R3
ProTrendLines 4.973 5.113 5.203 5.230 5.330 5.501 6.102
Change (%) -4.91% -2.24% -0.52% - +1.91% +5.18% +16.67%
Change -0.257 -0.117 -0.027 - +0.100 +0.271 +0.872
Level Intermediate Minor Minor - Intermediate Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.8684.9805.1065.2185.3445.4565.582
Camarilla5.1675.1885.2105.2325.2545.2765.298
Woodie4.8754.9845.1135.2225.3515.4605.589
Fibonacci4.9805.0715.1275.2185.3095.3655.456


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.0064.2324.5484.7745.0905.3165.632
Camarilla4.7144.7644.8134.8634.9134.9625.012
Woodie4.0504.2554.5924.7975.1345.3395.676
Fibonacci4.2324.4394.5674.7744.9815.1095.316


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.0672.9543.7634.6505.4596.3467.155
Camarilla4.1074.2624.4184.5734.7294.8845.039
Woodie2.0292.9353.7254.6315.4216.3277.117
Fibonacci2.9543.6024.0024.6505.2985.6986.346

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): 55.04
MACD (12,26,9): 0.0130
Directional Movement: 13.307
AROON (14): 50.000
DEMA (21): 5.195
Parabolic SAR (0,02-0,02-0,2): 5.222
Elder Ray (13): -0.004
Super Trend (3,10): 5.154
Zig ZAG (10): 5.180
VORTEX (21): 1.0830
Stochastique (14,3,5): 46.12
TEMA (21): 5.205
Williams %R (14): -53.43
Chande Momentum Oscillator (20): 0.022
Repulse (5,40,3): -0.1720
ROCnROLL: -1
TRIX (15,9): 0.0420
Courbe Coppock: 1.42
MA7: 5.021
MA20: 4.778
MA50: 4.491
MA100: 4.285
MAexp7: 5.193
MAexp20: 5.179
MAexp50: 5.167
MAexp100: 5.159
Price / MA7: +4.16%
Price / MA20: +9.46%
Price / MA50: +16.46%
Price / MA100: +22.05%
Price / MAexp7: +0.71%
Price / MAexp20: +0.98%
Price / MAexp50: +1.22%
Price / MAexp100: +1.38%

Quotes : - 10 min delayed data - NYMEX Futures

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

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