Natural Gas Jun '24 (NGM24)
2.493s -0.097 (-3.75%) 05/29/24 [NYMEX]
N/A x N/A N/A x N/A
for Wed, May 29th, 2024
Using The Trader's Cheat Sheet To Identify Support & Resistance: Watch the Webinar
Projection Effective Date: May 30th, 2024
Support/Resistance
Turning Points
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 3.937 | |
| 52-Week High | 3.446 | |
| 14 Day RSI at 70% | 3.072 | |
| 2.953 | 3-10-16 Day MACD Moving Average Stalls | |
| 13-Week High | 2.924 | |
| 1-Month High | 2.924 | |
| Pivot Point 3rd Level Resistance | 2.888 | |
| 2.858 | 61.8% Retracement from the 52 Week Low | |
| Price 3 Standard Deviations Resistance | 2.805 | |
| Pivot Point 2nd Level Resistance | 2.778 | |
| 2.770 | 14-3 Day Raw Stochastic at 80% | |
| Price 2 Standard Deviations Resistance | 2.748 | |
| 2.693 | 14-3 Day Raw Stochastic at 70% | |
| 2.676 | 50% Retracement From 52 Week High/Low | |
| Price 1 Standard Deviation Resistance | 2.673 | |
| High | 2.669 | High |
| 2.644 | Price Crosses 9 Day Moving Average | |
| Pivot Point 1st Resistance Point | 2.636 | |
| Previous Close | 2.590 | Previous Close |
| 2.583 | 14 Day %k Stochastic Stalls | |
| 2.539 | 14-3 Day Raw Stochastic at 50% | |
| 2.538 | 38.2% Retracement From 4 Week High | |
| 2.536 | 38.2% Retracement From 13 Week High | |
| 2.526 | Pivot Point | |
| 2.495 | 38.2% Retracement From 52 Week Low | |
| 2.495 | Price Crosses 9 Day Moving Average Stalls | |
| Last | 2.493s | Last |
| 2.466 | Price Crosses 18 Day Moving Average | |
| 2.436 | 3-10 Day Moving Average Crossover Stalls | |
| 2.418 | 50% Retracement From 4 Week High/Low | |
| Low | 2.417 | Low |
| 2.415 | 50% Retracement From 13 Week High/Low | |
| Pivot Point 1st Support Point | 2.384 | |
| 2.384 | 14-3 Day Raw Stochastic at 30% | |
| 2.380 | 14 Day RSI at 50% | |
| Price 1 Standard Deviation Support | 2.313 | |
| 2.307 | 14-3 Day Raw Stochastic at 20% | |
| 2.299 | 38.2% Retracement From 4 Week Low | |
| 2.295 | 38.2% Retracement From 13 Week Low | |
| Pivot Point 2nd Support Point | 2.274 | |
| Price 2 Standard Deviations Support | 2.238 | |
| 2.210 | Price Crosses 40 Day Moving Average | |
| Price 3 Standard Deviations Support | 2.181 | |
| 2.142 | Price Crosses 18 Day Moving Average Stalls | |
| Pivot Point 3rd Support Point | 2.132 | |
| 2.067 | Price Crosses 40 Day Moving Average Stalls | |
| 1-Month Low | 1.913 | |
| 13-Week Low | 1.907 | |
| 52-Week Low | 1.907 | |
| 14 Day RSI at 30% | 1.537 | |
| 14 Day RSI at 20% | 0.483 | |
| N/A | 14 Day %d Stochastic Stalls | |
| N/A | Price Crosses 9-18 Day Moving Average | |
| N/A | Price Crosses 9-40 Day Moving Average | |
| N/A | Price Crosses 18-40 Day Moving Average |
Standard deviation is calculated using the closing price over the past 5-periods. To calculate standard deviation:
- Step 1: Average = Calculate the average closing price over the past 5-days.
- Step 2: Difference = Calculate the variance from the Average for each Price.
- Step 3: Square the variance of each data point.
- Step 4: Sum of the squared variance value.
- Step 5: For Standard Deviation 2 multiple the result by 2. For Standard Deviation 3 multiple the result by 3.
- Step 6: Divide the result by the number of data points in the series less 1.
- Step 7: The final result is the Square root of the result of Step 6.
Legend:
Blue areas below the Last Price will tend to provide support to limit the downward move.
Red areas above the Last Price will tend to provide resistance to limit the upward move.
Blue areas above the Last Price will tend to provide support to confirm the upward move.
Red areas below the Last Price will tend to provide resistance to confirm the downward move.
Blue areas below the Last Price will tend to provide support to limit the downward move.
Red areas above the Last Price will tend to provide resistance to limit the upward move.
Blue areas above the Last Price will tend to provide support to confirm the upward move.
Red areas below the Last Price will tend to provide resistance to confirm the downward move.