NATURAL GAS - 1H - Technical analysis published on 12/17/2024 (GMT)
- 103
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
50%
6%
44%
My opinion
Neutral between 3.211 USD and 3.303 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 3.211 USD. The first resistance is located at 3.303 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 gaganiva. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NATURAL GAS rating 3.230 USD. On the day, this instrument gained +0.50% and was between 3.206 USD and 3.248 USD. This implies that the price is at +0.75% from its lowest and at -0.55% from its highest.3.206
3.248
3.230
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.042 | 3.154 | 3.211 | 3.230 | 3.324 | 3.428 | 3.479 |
| Change (%) | -5.82% | -2.35% | -0.59% | - | +2.91% | +6.13% | +7.71% |
| Change | -0.188 | -0.076 | -0.019 | - | +0.094 | +0.198 | +0.249 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Intermediate |
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 | 3.047 | 3.096 | 3.155 | 3.204 | 3.263 | 3.312 | 3.371 |
| Camarilla | 3.184 | 3.194 | 3.204 | 3.214 | 3.224 | 3.234 | 3.244 |
| Woodie | 3.052 | 3.099 | 3.160 | 3.207 | 3.268 | 3.315 | 3.376 |
| Fibonacci | 3.096 | 3.137 | 3.163 | 3.204 | 3.245 | 3.271 | 3.312 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.556 | 2.813 | 3.046 | 3.303 | 3.536 | 3.793 | 4.026 |
| Camarilla | 3.145 | 3.190 | 3.235 | 3.280 | 3.325 | 3.370 | 3.415 |
| Woodie | 2.545 | 2.807 | 3.035 | 3.297 | 3.525 | 3.787 | 4.015 |
| Fibonacci | 2.813 | 3.000 | 3.116 | 3.303 | 3.490 | 3.606 | 3.793 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.736 | 2.208 | 2.785 | 3.257 | 3.834 | 4.306 | 4.883 |
| Camarilla | 3.075 | 3.171 | 3.267 | 3.363 | 3.459 | 3.555 | 3.652 |
| Woodie | 1.790 | 2.234 | 2.839 | 3.283 | 3.888 | 4.332 | 4.937 |
| Fibonacci | 2.208 | 2.608 | 2.856 | 3.257 | 3.657 | 3.905 | 4.306 |
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): | 48.38 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -1.067 | |
| AROON (14): | 0 | |
| DEMA (21): | 3.200 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.207 | |
| Elder Ray (13): | 0.004 | |
| Super Trend (3,10): | 3.160 | |
| Zig ZAG (10): | 3.222 | |
| VORTEX (21): | 1.0810 | |
| Stochastique (14,3,5): | 52.44 | |
| TEMA (21): | 3.217 | |
| Williams %R (14): | -43.75 | |
| Chande Momentum Oscillator (20): | -0.001 | |
| Repulse (5,40,3): | 0.2810 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0750 | |
| Courbe Coppock: | 1.21 |
| MA7: | 3.271 | |
| MA20: | 3.264 | |
| MA50: | 3.141 | |
| MA100: | 3.207 | |
| MAexp7: | 3.218 | |
| MAexp20: | 3.219 | |
| MAexp50: | 3.253 | |
| MAexp100: | 3.264 | |
| Price / MA7: | -1.25% | |
| Price / MA20: | -1.04% | |
| Price / MA50: | +2.83% | |
| Price / MA100: | +0.72% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.34% | |
| Price / MAexp50: | -0.71% | |
| Price / MAexp100: | -1.04% |
Quotes :
-
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
-
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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