NATURAL GAS - 15 min. - Technical analysis published on 12/26/2024 (GMT)
- 116
- 0
- Who voted?
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 3.386 USD
My targets
3.117 USD (-5.75%)
3.015 USD (-8.82%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NATURAL GAS. As long as you are under the resistance located at 3.386 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3.117 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3.015 USD as an objective. Crossing it would then enable sellers to target 2.807 USD. If the resistance 3.386 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.9
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 3.307 USD. The price registered a decrease of -5.24% on the session with the lowest point at 3.256 USD and the highest point at 3.530 USD. The deviation from the price is +1.57% for the low point and -6.32% for the high point.3.256
3.530
3.307
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NATURAL GAS:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NATURAL GAS in 15 min. shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 3.031 | 3.109 | 3.221 | 3.307 | 3.380 | 3.499 | 3.738 |
| Change (%) | -8.35% | -5.99% | -2.60% | - | +2.21% | +5.81% | +13.03% |
| Change | -0.276 | -0.198 | -0.086 | - | +0.073 | +0.192 | +0.431 |
| Level | Major | Intermediate | Major | - | Minor | 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 | 3.015 | 3.117 | 3.307 | 3.409 | 3.599 | 3.701 | 3.891 |
| Camarilla | 3.418 | 3.445 | 3.471 | 3.498 | 3.525 | 3.552 | 3.578 |
| Woodie | 3.060 | 3.139 | 3.352 | 3.431 | 3.644 | 3.723 | 3.936 |
| Fibonacci | 3.117 | 3.228 | 3.297 | 3.409 | 3.520 | 3.589 | 3.701 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.098 | 2.371 | 2.835 | 3.108 | 3.572 | 3.845 | 4.309 |
| Camarilla | 3.097 | 3.165 | 3.232 | 3.300 | 3.368 | 3.435 | 3.503 |
| Woodie | 2.195 | 2.419 | 2.932 | 3.156 | 3.669 | 3.893 | 4.406 |
| Fibonacci | 2.371 | 2.652 | 2.826 | 3.108 | 3.389 | 3.563 | 3.845 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.288 | 1.760 | 2.337 | 2.809 | 3.386 | 3.858 | 4.435 |
| Camarilla | 2.627 | 2.723 | 2.819 | 2.915 | 3.011 | 3.107 | 3.204 |
| Woodie | 1.342 | 1.786 | 2.391 | 2.835 | 3.440 | 3.884 | 4.489 |
| Fibonacci | 1.760 | 2.160 | 2.408 | 2.809 | 3.209 | 3.457 | 3.858 |
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): | 48.44 | |
| MACD (12,26,9): | -0.0090 | |
| Directional Movement: | 2.396 | |
| AROON (14): | -21.429 | |
| DEMA (21): | 3.286 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.266 | |
| Elder Ray (13): | 0.005 | |
| Super Trend (3,10): | 3.348 | |
| Zig ZAG (10): | 3.304 | |
| VORTEX (21): | 1.0730 | |
| Stochastique (14,3,5): | 70.67 | |
| TEMA (21): | 3.298 | |
| Williams %R (14): | -33.80 | |
| Chande Momentum Oscillator (20): | 0.017 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0780 | |
| Courbe Coppock: | 0.93 |
| MA7: | 3.176 | |
| MA20: | 2.910 | |
| MA50: | 2.745 | |
| MA100: | 2.794 | |
| MAexp7: | 3.303 | |
| MAexp20: | 3.303 | |
| MAexp50: | 3.334 | |
| MAexp100: | 3.355 | |
| Price / MA7: | +4.12% | |
| Price / MA20: | +13.64% | |
| Price / MA50: | +20.47% | |
| Price / MA100: | +18.36% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | -0.81% | |
| Price / MAexp100: | -1.43% |
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.