NATURAL GAS - 1H - Technical analysis published on 02/17/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 3.626 USD
My targets
3.575 USD (-0.80%)
3.497 USD (-2.97%)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade NATURAL GAS with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3.626 USD. The next bearish objective for sellers is set at 3.575 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.497 USD. In case of crossing, the next objective would be the support located at 3.434 USD. In the event of a bullish break in the resistance located at 3.626 USD a certain indecision would take hold.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.6
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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 price is 3.604 USD. On the day, this instrument lost -3.25% with the lowest point at 3.554 USD and the highest point at 3.651 USD. The deviation from the price is +1.41% for the low point and -1.29% for the high point.3.554
3.651
3.604
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
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 slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 5 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 3.434 | 3.497 | 3.575 | 3.604 | 3.727 | 3.807 | 4.561 |
Change (%) | -4.72% | -2.97% | -0.80% | - | +3.41% | +5.63% | +26.55% |
Change | -0.170 | -0.107 | -0.029 | - | +0.123 | +0.203 | +0.957 |
Level | Minor | Intermediate | 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 | 3.474 | 3.554 | 3.640 | 3.720 | 3.806 | 3.886 | 3.972 |
Camarilla | 3.679 | 3.695 | 3.710 | 3.725 | 3.740 | 3.755 | 3.771 |
Woodie | 3.476 | 3.556 | 3.642 | 3.722 | 3.808 | 3.888 | 3.974 |
Fibonacci | 3.554 | 3.618 | 3.657 | 3.720 | 3.784 | 3.823 | 3.886 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.002 | 3.177 | 3.451 | 3.626 | 3.900 | 4.075 | 4.349 |
Camarilla | 3.602 | 3.643 | 3.684 | 3.725 | 3.766 | 3.807 | 3.849 |
Woodie | 3.052 | 3.202 | 3.501 | 3.651 | 3.950 | 4.100 | 4.399 |
Fibonacci | 3.177 | 3.349 | 3.455 | 3.626 | 3.798 | 3.904 | 4.075 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.604 | 2.241 | 2.643 | 3.280 | 3.682 | 4.319 | 4.721 |
Camarilla | 2.758 | 2.854 | 2.949 | 3.044 | 3.139 | 3.235 | 3.330 |
Woodie | 1.486 | 2.182 | 2.525 | 3.221 | 3.564 | 4.260 | 4.603 |
Fibonacci | 2.241 | 2.638 | 2.883 | 3.280 | 3.677 | 3.922 | 4.319 |
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): | 43.71 | |
MACD (12,26,9): | -0.0220 | |
Directional Movement: | -8.811 | |
AROON (14): | -21.429 | |
DEMA (21): | 3.593 | |
Parabolic SAR (0,02-0,02-0,2): | 3.699 | |
Elder Ray (13): | -0.009 | |
Super Trend (3,10): | 3.648 | |
Zig ZAG (10): | 3.604 | |
VORTEX (21): | 0.9150 | |
Stochastique (14,3,5): | 43.99 | |
TEMA (21): | 3.577 | |
Williams %R (14): | -48.45 | |
Chande Momentum Oscillator (20): | -0.022 | |
Repulse (5,40,3): | 0.4990 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0850 | |
Courbe Coppock: | 1.87 |
MA7: | 3.542 | |
MA20: | 3.384 | |
MA50: | 3.147 | |
MA100: | 2.714 | |
MAexp7: | 3.598 | |
MAexp20: | 3.620 | |
MAexp50: | 3.636 | |
MAexp100: | 3.601 | |
Price / MA7: | +1.75% | |
Price / MA20: | +6.50% | |
Price / MA50: | +14.52% | |
Price / MA100: | +32.79% | |
Price / MAexp7: | +0.17% | |
Price / MAexp20: | -0.44% | |
Price / MAexp50: | -0.88% | |
Price / MAexp100: | +0.08% |
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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