NATURAL GAS - 1H - Technical analysis published on 01/16/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 3.945 USD
My targets
4.196 USD (+3.32%)
4.369 USD (+7.58%)
My analysis
NATURAL GAS is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.945 USD. The next resistance located at 4.196 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.369 USD. After this resistance, buyers could then target 5.012 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.4
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This analysis was given by Goncalo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NATURAL GAS rating is 4.061 USD. On the day, this instrument lost -0.54% and was traded between 4.018 USD and 4.134 USD over the period. The price is currently at +1.07% from its lowest and -1.77% from its highest.4.018
4.134
4.061
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NATURAL GAS:
Technical
A technical analysis in 1H of this NATURAL GAS chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 10 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 3.864 | 3.945 | 4.059 | 4.061 | 4.206 | 4.369 | 5.012 |
| Change (%) | -4.85% | -2.86% | -0.05% | - | +3.57% | +7.58% | +23.42% |
| Change | -0.197 | -0.116 | -0.002 | - | +0.145 | +0.308 | +0.951 |
| Level | Intermediate | Major | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.632 | 3.746 | 3.914 | 4.028 | 4.196 | 4.310 | 4.478 |
| Camarilla | 4.006 | 4.031 | 4.057 | 4.083 | 4.109 | 4.135 | 4.161 |
| Woodie | 3.660 | 3.760 | 3.942 | 4.042 | 4.224 | 4.324 | 4.506 |
| Fibonacci | 3.746 | 3.853 | 3.920 | 4.028 | 4.135 | 4.202 | 4.310 |
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): | 54.65 | |
| MACD (12,26,9): | 0.0280 | |
| Directional Movement: | -1.753 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 4.088 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.139 | |
| Elder Ray (13): | -0.005 | |
| Super Trend (3,10): | 3.932 | |
| Zig ZAG (10): | 4.068 | |
| VORTEX (21): | 1.0760 | |
| Stochastique (14,3,5): | 52.93 | |
| TEMA (21): | 4.093 | |
| Williams %R (14): | -52.06 | |
| Chande Momentum Oscillator (20): | 0.015 | |
| Repulse (5,40,3): | 0.3400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1360 | |
| Courbe Coppock: | 2.62 |
| MA7: | 3.912 | |
| MA20: | 3.622 | |
| MA50: | 3.099 | |
| MA100: | 2.939 | |
| MAexp7: | 4.066 | |
| MAexp20: | 4.048 | |
| MAexp50: | 3.999 | |
| MAexp100: | 3.937 | |
| Price / MA7: | +3.81% | |
| Price / MA20: | +12.12% | |
| Price / MA50: | +31.04% | |
| Price / MA100: | +38.18% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | +0.32% | |
| Price / MAexp50: | +1.55% | |
| Price / MAexp100: | +3.15% |
Quotes :
-
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:
-
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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