NATURAL GAS
-
USD
(-)
- 10 min delayed data - NYMEX Futures
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Commodities |
| Ticker: | NG |
| ISIN: |
NATURAL GAS - 15 min. - Technical analysis published on 12/23/2024 (GMT)
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- 12/23/2024 - 11:33
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- Timeframe : 15 min.
- - Analysis generated on 12/23/2024 - 11:33
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 3.834 USD
My targets
3.866 USD (+0.47%)
3.984 USD (+3.53%)
My analysis
The basic trend is bullish on NATURAL GAS and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 3.834 USD. Sellers would then use the next support located at 3.710 USD as an objective. Crossing it would then enable sellers to target 3.592 USD. If there is a return to above the resistance located at 3.866 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 3.984 USD and 4.140 USD by extension.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.7
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This analysis was given by Nira. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NATURAL GAS rating 3.848 USD. On the day, this instrument gained +2.67% and was between 3.848 USD and 3.944 USD. This implies that the price is at 0% from its lowest and at -2.43% from its highest.3.848
3.944
3.848
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:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this NATURAL GAS chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
MACD indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.479 | 3.556 | 3.669 | 3.848 | 4.186 | 4.399 | 5.460 |
| Change (%) | -9.59% | -7.59% | -4.65% | - | +8.78% | +14.32% | +41.89% |
| Change | -0.369 | -0.292 | -0.179 | - | +0.338 | +0.551 | +1.612 |
| Level | Intermediate | Major | Major | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.318 | 3.436 | 3.592 | 3.710 | 3.866 | 3.984 | 4.140 |
| Camarilla | 3.673 | 3.698 | 3.723 | 3.748 | 3.773 | 3.798 | 3.823 |
| Woodie | 3.337 | 3.446 | 3.611 | 3.720 | 3.885 | 3.994 | 4.159 |
| Fibonacci | 3.436 | 3.541 | 3.605 | 3.710 | 3.815 | 3.879 | 3.984 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.546 | 2.819 | 3.283 | 3.556 | 4.020 | 4.293 | 4.757 |
| Camarilla | 3.545 | 3.613 | 3.680 | 3.748 | 3.816 | 3.883 | 3.951 |
| Woodie | 2.643 | 2.867 | 3.380 | 3.604 | 4.117 | 4.341 | 4.854 |
| Fibonacci | 2.819 | 3.100 | 3.274 | 3.556 | 3.837 | 4.011 | 4.293 |
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): | 52.68 | |
| MACD (12,26,9): | 0.0040 | |
| Directional Movement: | -5.458 | |
| AROON (14): | 64.286 | |
| DEMA (21): | 3.895 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.857 | |
| Elder Ray (13): | -0.009 | |
| Super Trend (3,10): | 3.919 | |
| Zig ZAG (10): | 3.863 | |
| VORTEX (21): | 0.8780 | |
| Stochastique (14,3,5): | 31.83 | |
| TEMA (21): | 3.875 | |
| Williams %R (14): | -82.00 | |
| Chande Momentum Oscillator (20): | -0.002 | |
| Repulse (5,40,3): | -0.5490 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0120 | |
| Courbe Coppock: | 0.44 |
| MA7: | 3.481 | |
| MA20: | 3.318 | |
| MA50: | 3.169 | |
| MA100: | 3.230 | |
| MAexp7: | 3.879 | |
| MAexp20: | 3.891 | |
| MAexp50: | 3.864 | |
| MAexp100: | 3.801 | |
| Price / MA7: | +10.54% | |
| Price / MA20: | +15.97% | |
| Price / MA50: | +21.43% | |
| Price / MA100: | +19.13% | |
| Price / MAexp7: | -0.80% | |
| Price / MAexp20: | -1.11% | |
| Price / MAexp50: | -0.41% | |
| Price / MAexp100: | +1.24% |
Quotes :
12/23/2024 - 11:22
-
10 min delayed data
-
NYMEX Futures
News
The last news published on NATURAL GAS at the time of the generation of this analysis was as follows:
-
12/10/2016 - 05:00
Natural gas Prices forecast for the week of December 12 2016, Technical Analysis
-
12/10/2016 - 04:59
Natural Gas Technical Analysis for December 12 2016 by FXEmpire.com
-
12/09/2016 - 04:56
Natural Gas Technical Analysis for December 09 2016 by FXEmpire.com
-
12/08/2016 - 04:44
Natural Gas Technical Analysis for December 08 2016 by FXEmpire.com
-
12/07/2016 - 04:47
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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