NATURAL GAS - 1H - Technical analysis published on 01/13/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 4.012 USD
My targets
4.196 USD (+4.11%)
4.402 USD (+9.24%)
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 above the support located at 4.012 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 4.196 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 4.402 USD as an objective. Crossing it would then enable buyers to target 5.012 USD. If the support 4.012 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.6
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This analysis was given by gaganiva. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NATURAL GAS price is 4.030 USD. The price has increased by +1.03% since the last closing with the lowest point at 3.915 USD and the highest point at 4.369 USD. The deviation from the price is +2.94% for the low point and -7.76% for the high point.3.915
4.369
4.030
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 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NATURAL GAS chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral 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.
In fact, only 8 technical indicators out of 18 studied are currently bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 3.795 | 3.945 | 4.012 | 4.030 | 4.201 | 5.012 | 6.111 |
Change (%) | -5.83% | -2.11% | -0.45% | - | +4.24% | +24.37% | +51.64% |
Change | -0.235 | -0.085 | -0.018 | - | +0.171 | +0.982 | +2.081 |
Level | Intermediate | Major | Minor | - | Intermediate | Minor | Intermediate |
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 | 3.444 | 3.564 | 3.777 | 3.897 | 4.110 | 4.230 | 4.443 |
Camarilla | 3.897 | 3.928 | 3.959 | 3.989 | 4.020 | 4.050 | 4.081 |
Woodie | 3.490 | 3.587 | 3.823 | 3.920 | 4.156 | 4.253 | 4.489 |
Fibonacci | 3.564 | 3.692 | 3.770 | 3.897 | 4.025 | 4.103 | 4.230 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.014 | 3.220 | 3.605 | 3.811 | 4.196 | 4.402 | 4.787 |
Camarilla | 3.827 | 3.881 | 3.935 | 3.989 | 4.043 | 4.097 | 4.152 |
Woodie | 3.103 | 3.265 | 3.694 | 3.856 | 4.285 | 4.447 | 4.876 |
Fibonacci | 3.220 | 3.446 | 3.586 | 3.811 | 4.037 | 4.177 | 4.402 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.036 | 1.782 | 2.708 | 3.454 | 4.380 | 5.126 | 6.052 |
Camarilla | 3.173 | 3.327 | 3.480 | 3.633 | 3.786 | 3.940 | 4.093 |
Woodie | 1.125 | 1.827 | 2.797 | 3.499 | 4.469 | 5.171 | 6.141 |
Fibonacci | 1.782 | 2.421 | 2.816 | 3.454 | 4.093 | 4.488 | 5.126 |
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): | 44.47 | |
MACD (12,26,9): | 0.0300 | |
Directional Movement: | -9.022 | |
AROON (14): | -78.571 | |
DEMA (21): | 4.132 | |
Parabolic SAR (0,02-0,02-0,2): | 4.238 | |
Elder Ray (13): | -0.107 | |
Super Trend (3,10): | 4.199 | |
Zig ZAG (10): | 4.002 | |
VORTEX (21): | 0.8630 | |
Stochastique (14,3,5): | 17.09 | |
TEMA (21): | 4.094 | |
Williams %R (14): | -70.92 | |
Chande Momentum Oscillator (20): | -0.221 | |
Repulse (5,40,3): | -0.7130 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.2640 | |
Courbe Coppock: | 3.08 |
MA7: | 3.690 | |
MA20: | 3.445 | |
MA50: | 3.005 | |
MA100: | 2.896 | |
MAexp7: | 4.063 | |
MAexp20: | 4.070 | |
MAexp50: | 3.956 | |
MAexp100: | 3.832 | |
Price / MA7: | +9.21% | |
Price / MA20: | +16.98% | |
Price / MA50: | +34.11% | |
Price / MA100: | +39.16% | |
Price / MAexp7: | -0.81% | |
Price / MAexp20: | -0.98% | |
Price / MAexp50: | +1.87% | |
Price / MAexp100: | +5.17% |
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.
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