logo
Analysis

Natural Gas (NYMEX) may rise to 2.5570 - 2.6730

BY Trading Central

|अगस्त 21, 2024

(SEP4) ST: short term rebound

 (SEP4) ST: short term rebound

2.0400 is our pivot point.

Our preference

Short term rebound.

Alternative scenario

Below 2.0400, expect 1.8460 and 1.7300.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. The price stands above its 20 day moving average (2.1050) but below its 50 day moving average (2.3690).

Supports and resistances

2.7900 **

2.6730 *

2.5570 **

2.4410

2.1990 last

2.1160

2.0400 **

1.8460 *

1.7300 **

Number of asterisks represents the strength of support and resistance levels.

© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.

Technical Event® is a registered trademark of Trading Central.

Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.


Join us on social media

image-8c62214c8e5bec6ef8697de32b3ff7c208099266-900x900-jpg
Trading Central
[missing - support]

undefined