Free Natural Gas Feb 26 (NGG26.NYM) Technical Analysis Signals

Overal Signal
Buy
Signals
Hold Hold Neutral Buy
Last Update / Period
17 May / Daily
Category/Currency
Futures/USD
Exchange/Country
NYM/--

Natural Gas Feb 26 (NGG26.NYM) signal with technical analysis on 17 May

On 17 May, we conducted a comprehensive technical analysis of Natural Gas Feb 26 (NGG26.NYM), considering 256 signals with intricate details. Here are the key findings: 56 signals suggested buy strategies, while 87 indicated sell strategies. The remaining 113 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 2
Sell Signals: 34
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 11
Sell Signals: 27
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 21
Sell Signals: 16
Neutral Signals: 27
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 22
Sell Signals: 10
Neutral Signals: 32
Result: This strategy leads to a Buy position.

Overall Strategy:
Buy Signals: 56
Sell Signals: 87
Neutral Signals: 113
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Natural Gas Feb 26 (NGG26.NYM) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Natural Gas Feb 26 (NGG26.NYM) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Natural Gas Feb 26 (NGG26.NYM) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Natural Gas Feb 26 (NGG26.NYM) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 4.39%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Natural Gas Feb 26 (NGG26.NYM)** holdings.

Natural Gas Feb 26 (NGG26.NYM) Price Analysis and Resistance Levels:

Given our current long position in Natural Gas Feb 26 (NGG26.NYM), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (4.875): The primary hurdle we face is the 4.875 price level. If the current trend remains unchanged, Natural Gas Feb 26 (NGG26.NYM) could break above this level, signaling its strength and potential for further growth.

Second resistance level (4.924): If the upward trend continues with significant strength, we may see Natural Gas Feb 26 (NGG26.NYM) cross the second resistance level at 4.924, indicating a major upside move and a promising direction for our position.

Third resistance level (4.953): For a more comprehensive analysis, consider a scenario where Natural Gas Feb 26 (NGG26.NYM) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, Natural Gas Feb 26 (NGG26.NYM) could potentially reach the third resistance level of 4.953.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Natural Gas Feb 26 (NGG26.NYM), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Natural Gas Feb 26 (NGG26.NYM) technical analysis chart

Natural Gas Feb 26 (NGG26.NYM) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 4.875 4.924 4.953 5.128 5.551
Support 4.448 4.42 4.194 4.15 4.094
 Natural Gas Feb 26 (NGG26.NYM) Support and Resistance area (17 May)  Natural Gas Feb 26 (NGG26.NYM) Support and Resistance area (17 May)

Natural Gas Feb 26 (NGG26.NYM) signals list for 17 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Natural Gas Feb 26 (NGG26.NYM) candlestick patterns on 17 May

Today's Natural Gas Feb 26 (NGG26.NYM) Candle Patterns List:

Doji Long Legged Doji Rickshaw Man High-Wave Candle Spinning Top

Natural Gas Feb 26 (NGG26.NYM) technical analysis over the past days

# Date Overal Signals ALL Signals
1 16 May Buy HoldHoldNeutralBuy
2 15 May Hold HoldNeutralNeutralNeutral
3 14 May Sell SellNeutralHoldHold
4 13 May Hold NeutralHoldHoldHold
5 12 May Hold NeutralHoldHoldHold
6 09 May Buy BuyHoldHoldHold
7 08 May Hold NeutralHoldHoldHold
8 07 May Hold HoldHoldHoldHold
9 06 May Hold HoldHoldHoldHold
10 05 May Buy HoldHoldHoldBuy
11 02 May Hold HoldHoldHoldNeutral
12 01 May Buy HoldHoldBuyNeutral
13 30 Apr Buy HoldHoldNeutralNeutral
14 29 Apr Hold HoldBuyNeutralHold
15 28 Apr Buy BuyHoldHoldHold
16 25 Apr Hold NeutralHoldHoldHold
17 24 Apr Hold HoldHoldHoldHold
18 23 Apr Hold HoldHoldHoldHold
19 22 Apr Hold HoldHoldHoldHold
20 21 Apr Sell SellHoldHoldHold
21 17 Apr Hold NeutralHoldHoldHold
22 16 Apr Hold NeutralHoldHoldHold
23 15 Apr Hold HoldHoldHoldHold
24 14 Apr Hold HoldHoldHoldHold
25 11 Apr Hold NeutralHoldHoldHold
26 10 Apr Hold HoldHoldHoldHold
27 09 Apr Hold HoldHoldHoldHold
28 08 Apr Hold HoldHoldHoldHold
29 07 Apr Hold HoldHoldHoldHold
30 04 Apr Sell SellSellSellSell

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