NATURAL GAS - 15 min. - Technical analysis published on 12/17/2024 (GMT)
- 98
- 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.
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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
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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
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Natural Gas Technical Analysis for December 09 2016 by FXEmpire.com
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Natural Gas Technical Analysis for December 08 2016 by FXEmpire.com
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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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