NATURAL GAS
NATURAL GAS
- USD (-)
- 10 min delayed data - NYMEX Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Commodities
Ticker: NG
ISIN:

NATURAL GAS - 1H - Technical analysis published on 01/03/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 3.738 USD
My targets
3.503 USD (-2.18%)
3.349 USD (-6.49%)
My analysis
NATURAL GAS is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3.738 USD. The next support located at 3.503 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.349 USD. Below this support, sellers could then target 3.221 USD.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.5

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This analysis was given by Goncalo. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NATURAL GAS rating 3.581 USD. The price registered a decrease of -2.16% on the session with the lowest point at 3.552 USD and the highest point at 3.680 USD. The deviation from the price is +0.82% for the low point and -2.69% for the high point.

3.552
3.680
3.581

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NATURAL GAS chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bearish signal.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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


S3S2S1PriceR1R2R3
ProTrendLines 2.947 3.221 3.503 3.581 3.738 3.951 4.201
Change (%) -17.70% -10.05% -2.18% - +4.38% +10.33% +17.31%
Change -0.634 -0.360 -0.078 - +0.157 +0.370 +0.620
Level Minor Major Major - Major Major Intermediate



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
Standard3.2753.4083.5353.6683.7953.9284.055
Camarilla3.5913.6143.6383.6623.6863.7103.734
Woodie3.2723.4073.5323.6673.7923.9274.052
Fibonacci3.4083.5073.5693.6683.7673.8293.928


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.7702.9523.1673.3493.5643.7463.961
Camarilla3.2743.3103.3473.3833.4193.4563.492
Woodie2.7882.9603.1853.3573.5823.7543.979
Fibonacci2.9523.1033.1973.3493.5003.5943.746


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.0361.7822.7083.4544.3805.1266.052
Camarilla3.1733.3273.4803.6333.7863.9404.093
Woodie1.1251.8272.7973.4994.4695.1716.141
Fibonacci1.7822.4212.8163.4544.0934.4885.126

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 34.92
MACD (12,26,9): -0.0250
Directional Movement: -13.634
AROON (14): -85.714
DEMA (21): 3.615
Parabolic SAR (0,02-0,02-0,2): 3.759
Elder Ray (13): -0.073
Super Trend (3,10): 3.684
Zig ZAG (10): 3.560
VORTEX (21): 0.9020
Stochastique (14,3,5): 2.29
TEMA (21): 3.603
Williams %R (14): -94.78
Chande Momentum Oscillator (20): -0.137
Repulse (5,40,3): -1.3310
ROCnROLL: 2
TRIX (15,9): -0.0470
Courbe Coppock: 4.57
MA7: 3.573
MA20: 3.177
MA50: 2.867
MA100: 2.841
MAexp7: 3.611
MAexp20: 3.653
MAexp50: 3.671
MAexp100: 3.621
Price / MA7: +0.22%
Price / MA20: +12.72%
Price / MA50: +24.90%
Price / MA100: +26.05%
Price / MAexp7: -0.83%
Price / MAexp20: -1.97%
Price / MAexp50: -2.45%
Price / MAexp100: -1.10%

Quotes : - 10 min delayed data - NYMEX Futures

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

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