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WT NATURAL GAS (NGAS.L) Stock Technical Analysis

LON:NGAS - London Stock Exchange, The - JE00BN7KB334 - ETF - Currency: USD

8.793  -0.15 (-1.68%)

Technical Rating and Analysis

5

Taking everything into account, NGAS scores 5 out of 10 in our technical rating. In the last year, NGAS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month NGAS has a been trading in the 7.87 - 10.63 range, which is quite wide. It is currently trading near the lows of this range.
Warning: NGAS has an average volume of 1158 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NGAS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NGAS is performing more or less in line with the market.
Looking at the yearly performance, NGAS did better than 100% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WT NATURAL GAS / NGAS Weekly stock chart
WT NATURAL GAS / NGAS Daily stock chart
Setup Rating and Analysis

5

NGAS has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

7.63

11.17

4 important support areas can be observed.

  • A support zone ranging from 8.39 to 8.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 8.10 to 8.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 7.86 to 7.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.71 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 9.15 to 9.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.17 from a trend line in the weekly time frame.
  • Resistance @11.06 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS100
Mansfield1.22
10 Day High9.48
10 Day Low7.87
20 Day High10.63
20 Day Low7.87
52 Week High12.37
52 Week Low0.01
Performance
1 Week2.72%
2 Weeks-2.91%
1 Month-13.67%
3 Month1.77%
6 Month23.71%
12 Month109812%
2 Year109812%
3 Year25022.9%
5 Year54856.2%
10 Year11814.6%
15 Year2210.91%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)46.25
LBB7.69
UBB10.14
WT NATURAL GAS / NGAS Daily stock chart

WT NATURAL GAS

LON:NGAS (5/16/2025, 4:04:17 PM)

8.793

-0.15 (-1.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.68%
1 Week2.72%
2 Weeks-2.91%
1 Month-13.67%
3 Month1.77%
6 Month23.71%
12 Month109812%
2 Year109812%
3 Year25022.9%
5 Year54856.2%
10 Year11814.6%
15 Year2210.91%
Volatility
ATR(14)0.52
ATR(20)%5.78%
ATR Inc-33.27%
Range Today0.2
ADR(20)0.07
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS100
Mansfield1.22
10 Day High9.48
10 Day Low7.87
20 Day High10.63
20 Day Low7.87
52 Week High12.37
52 Week Low0.01
CS1 End8.45
CR1 Start9.15
Volume & EV
DER(3)16.81%
DER(5)10.09%
Volume237
Volume Incr-84.42%
Vol(5)264.6
Vol(50)1.16K