WT NATURAL GAS (NGAS.MI) Technical Analysis
BIT:NGAS • JE00BN7KB334
Current stock price
NGAS.MI Technical Rating and Analysis
Overall NGAS gets a technical rating of 0 out of 10. NGAS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than NGAS.
- NGAS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- NGAS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
NGAS.MI Weekly and Daily overview Charts
NGAS.MI Setup Rating and Analysis
NGAS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.33, a Stop Loss order could be placed below this zone.
More info and screens
NGAS.MI Support and Resistance Analysis
4.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.46 to 4.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.30 to 4.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @5.83 from a horizontal line in the daily time frame.
- Resistance @6.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.41 to 6.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.11 from a horizontal line in the daily time frame.
NGAS.MI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NGAS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGAS.MI is down. |
| ChartMill Relative Strength | 5.31 | NEGATIVE | NGAS.MI has a low relative strength, it was outperformed by 94.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGAS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NGAS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NGAS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.44 | NEUTRAL | The RSI value for NGAS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NGAS.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.26 | OVERSOLD | The low Stochastics value suggests NGAS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for NGAS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for NGAS.MI suggests a weak or negative trend. |
NGAS.MI Chart- and CandleStick Pattern Analysis
NGAS.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:NGAS (4/22/2026, 3:27:52 PM)
4.537
+0.06 (+1.39%)
WT NATURAL GAS / NGAS.MI TA FAQ
What is the ChartMill technical rating of WT NATURAL GAS (NGAS.MI) stock?
ChartMill assigns a technical rating of 0 / 10 to NGAS.MI.
Can you provide the trend direction for WT NATURAL GAS?
The current trend direction for WT NATURAL GAS (NGAS.MI) is Bearish.
What is the RSI signal for NGAS stock?
WT NATURAL GAS (NGAS.MI) has an RSI value of 38.4431. This indicates that the stock is currently neutral.
What is the MACD signal for WT NATURAL GAS (NGAS.MI) stock?
The MACD indicator for WT NATURAL GAS (NGAS.MI) has a value of -0.0139018, indicating a bearish trend.
What is the buy/sell signal for NGAS stock?
The buy/sell signal for WT NATURAL GAS (NGAS.MI) is sell as both the short term and long term trends are negative.