UNITED STATES NATURAL GAS FUND LP - 15 min. - Technical analysis published on 08/18/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 31.34 USD
My targets
32.00 USD (+0.37%)
32.53 USD (+2.05%)
My analysis
A bullish trend on UNITED STATES NATURAL GAS FUND LP both in substance and in the short term. A purchase could be considered as long as the price remains above 31.34 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 32.00 USD. Then the price could move towards 32.53 USD. Then 33.19 USD by extension. Be careful, a return below 31.34 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.2
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UNITED STATES NATURAL GAS FUND LP rating 31.88 USD. On the day, this instrument lost -1.21% and was between 31.46 USD and 32.65 USD. This implies that the price is at +1.34% from its lowest and at -2.36% from its highest.31.46
32.65
31.88
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
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 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of UNITED STATES NATURAL GAS FUND LP 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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Three white soldiers
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29.23 | 30.11 | 31.73 | 31.88 | 39.32 | 105.48 | 424.32 |
| Change (%) | -8.31% | -5.55% | -0.47% | - | +23.34% | +230.87% | +1,230.99% |
| Change | -2.65 | -1.77 | -0.15 | - | +7.44 | +73.60 | +392.44 |
| Level | Minor | Major | Major | - | Minor | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 30.15 | 30.81 | 31.34 | 32.00 | 32.53 | 33.19 | 33.72 |
| Camarilla | 31.55 | 31.66 | 31.77 | 31.88 | 31.99 | 32.10 | 32.21 |
| Woodie | 30.10 | 30.78 | 31.29 | 31.97 | 32.48 | 33.16 | 33.67 |
| Fibonacci | 30.81 | 31.26 | 31.54 | 32.00 | 32.45 | 32.73 | 33.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.18 | 24.09 | 27.18 | 29.09 | 32.18 | 34.09 | 37.18 |
| Camarilla | 28.89 | 29.34 | 29.80 | 30.26 | 30.72 | 31.18 | 31.64 |
| Woodie | 22.76 | 24.39 | 27.76 | 29.39 | 32.76 | 34.39 | 37.76 |
| Fibonacci | 24.09 | 26.00 | 27.18 | 29.09 | 31.00 | 32.18 | 34.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.55 | 12.93 | 20.77 | 26.15 | 33.99 | 39.37 | 47.21 |
| Camarilla | 24.99 | 26.20 | 27.41 | 28.62 | 29.83 | 31.04 | 32.26 |
| Woodie | 8.79 | 13.55 | 22.01 | 26.77 | 35.23 | 39.99 | 48.45 |
| Fibonacci | 12.93 | 17.98 | 21.10 | 26.15 | 31.20 | 34.32 | 39.37 |
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): | 50.38 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -1.37 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 31.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 32.00 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 32.44 | |
| Zig ZAG (10): | 31.87 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 42.50 | |
| TEMA (21): | 31.74 | |
| Williams %R (14): | -54.87 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | 0.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.72 |
| MA7: | 30.06 | |
| MA20: | 28.89 | |
| MA50: | 25.81 | |
| MA100: | 25.61 | |
| MAexp7: | 31.83 | |
| MAexp20: | 31.87 | |
| MAexp50: | 31.68 | |
| MAexp100: | 31.08 | |
| Price / MA7: | +6.05% | |
| Price / MA20: | +10.35% | |
| Price / MA50: | +23.52% | |
| Price / MA100: | +24.48% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | +2.54% |
Quotes :
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15 min delayed data
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NYSE MKT Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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