NATURAL GAS - 15 min. - Technical analysis published on 12/17/2024 (GMT)
- 61
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
72%
6%
22%
My opinion
Neutral between 3.155 USD and 3.204 USD
My targets
-
My analysis
The short-term decline on NATURAL GAS remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 3.155 USD. The first resistance is located at 3.204 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, 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 Nira. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NATURAL GAS rating is 3.178 USD. The price is lower by -1.12% since the last closing and was traded between 3.171 USD and 3.275 USD over the period. The price is currently at +0.22% from its lowest and -2.96% from its highest.3.171
3.275
3.178
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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:
Technical
Technical analysis of this 15 min. chart of NATURAL GAS indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.829 | 3.042 | 3.154 | 3.178 | 3.211 | 3.324 | 3.428 |
| Change (%) | -10.98% | -4.28% | -0.76% | - | +1.04% | +4.59% | +7.87% |
| Change | -0.349 | -0.136 | -0.024 | - | +0.033 | +0.146 | +0.250 |
| Level | Intermediate | Major | Intermediate | - | Major | Intermediate | 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 | 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.92 | |
| MACD (12,26,9): | 0.0070 | |
| Directional Movement: | 23.936 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 3.247 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.235 | |
| Elder Ray (13): | 0.010 | |
| Super Trend (3,10): | 3.226 | |
| Zig ZAG (10): | 3.249 | |
| VORTEX (21): | 1.0510 | |
| Stochastique (14,3,5): | 57.06 | |
| TEMA (21): | 3.250 | |
| Williams %R (14): | -45.76 | |
| Chande Momentum Oscillator (20): | 0.019 | |
| Repulse (5,40,3): | -0.1450 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0240 | |
| Courbe Coppock: | 1.25 |
| MA7: | 3.272 | |
| MA20: | 3.264 | |
| MA50: | 3.141 | |
| MA100: | 3.207 | |
| MAexp7: | 3.246 | |
| MAexp20: | 3.237 | |
| MAexp50: | 3.228 | |
| MAexp100: | 3.230 | |
| Price / MA7: | -2.87% | |
| Price / MA20: | -2.63% | |
| Price / MA50: | +1.18% | |
| Price / MA100: | -0.90% | |
| Price / MAexp7: | -2.09% | |
| Price / MAexp20: | -1.82% | |
| Price / MAexp50: | -1.55% | |
| Price / MAexp100: | -1.61% |
Quotes :
-
10 min delayed data
-
NYMEX Futures
News
Don't forget to follow the news on NATURAL GAS. At the time of publication of this analysis, the latest news 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
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis NATURAL GAS - 15 min.