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 01/13/2025 (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

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 gaganiva. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard3.4443.5643.7773.8974.1104.2304.443
Camarilla3.8973.9283.9593.9894.0204.0504.081
Woodie3.4903.5873.8233.9204.1564.2534.489
Fibonacci3.5643.6923.7703.8974.0254.1034.230


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.0143.2203.6053.8114.1964.4024.787
Camarilla3.8273.8813.9353.9894.0434.0974.152
Woodie3.1033.2653.6943.8564.2854.4474.876
Fibonacci3.2203.4463.5863.8114.0374.1774.402


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 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

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

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