NATURAL GAS

- USD (-)

- 10 min delayed data - NYMEX Futures

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Commodities
Ticker:	NG
ISIN:

NATURAL GAS - 1H - Technical analysis published on 12/17/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

61%

39%

My opinion

Neutral between 3.211 USD and 3.303 USD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bearish trend on NATURAL GAS. It is difficult to advise a trading direction under these conditions. The first support is located at 3.211 USD. The first resistance is located at 3.303 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

Comment on the analysis

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 ciaciocoin. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NATURAL GAS rating is 3.241 USD. The price has increased by +0.84% since the last closing and was traded between 3.206 USD and 3.248 USD over the period. The price is currently at +1.09% from its lowest and -0.22% from its highest.

3.206

3.248

3.241

Here is a more detailed summary of the historical variations registered by NATURAL GAS:

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 scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.042	3.154	3.211	3.241	3.324	3.428	3.479
Change (%)	-6.14%	-2.68%	-0.93%	-	+2.56%	+5.77%	+7.34%
Change	-0.199	-0.087	-0.030	-	+0.083	+0.187	+0.238
Level	Major	Intermediate	Major	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

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):	51.97
MACD (12,26,9):	-0.0030
Directional Movement:	5.080
AROON (14):	71.429
DEMA (21):	3.214
Parabolic SAR (0,02-0,02-0,2):	3.216
Elder Ray (13):	0.005
Super Trend (3,10):	3.169
Zig ZAG (10):	3.233
VORTEX (21):	1.1450
Stochastique (14,3,5):	57.67
TEMA (21):	3.233
Williams %R (14):	-35.71
Chande Momentum Oscillator (20):	0.007
Repulse (5,40,3):	0.4250
ROCnROLL:	-1
TRIX (15,9):	-0.0410
Courbe Coppock:	0.89

MA7:	3.273
MA20:	3.264
MA50:	3.141
MA100:	3.207
MAexp7:	3.228
MAexp20:	3.224
MAexp50:	3.250
MAexp100:	3.262
Price / MA7:	-0.98%
Price / MA20:	-0.70%
Price / MA50:	+3.18%
Price / MA100:	+1.06%
Price / MAexp7:	+0.40%
Price / MAexp20:	+0.53%
Price / MAexp50:	-0.28%
Price / MAexp100:	-0.64%

Quotes : - 10 min delayed data - NYMEX Futures

News

The latest news and videos published on NATURAL GAS at the time of the analysis were as follows:

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

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