WT NATURAL GAS (NGAS.MI) Stock Technical Analysis
BIT:NGAS - Euronext Milan - JE00BN7KB334 - ETF - Currency: EUR
Taking everything into account, NGAS scores 3 out of 10 in our technical rating. NGAS was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, NGAS is a bad performer in the overall market: 66% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month NGAS has a been trading in the 6.71 - 8.98 range, which is quite wide. It is currently trading near the high of this range.
NGAS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NGAS is lagging the market slightly.
The technical rating of NGAS is bad and it also does not present a quality setup 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.
More info and screens
6.83
10.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.34 to 8.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.31 from a trend line in the weekly time frame.
- Support @6.90 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.49 to 8.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.04 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.7
Mansfield0.79
10 Day High8.67
10 Day Low6.88
20 Day High8.98
20 Day Low6.71
52 Week High10.87
52 Week Low5.58
Performance
1 Week4.33%
2 Weeks23.32%
1 Month-9.94%
3 Month-6.91%
6 Month36.84%
12 Month-2.94%
2 Year116386%
3 Year25010.8%
5 Year66996%
10 YearN/A
15 YearN/A
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)0.18
RSI(14)53.5
LBB6.51
UBB8.74
BIT:NGAS (5/13/2025, 11:56:04 AM)
8.406
+0.02 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week4.33%
2 Weeks23.32%
1 Month-9.94%
3 Month-6.91%
6 Month36.84%
12 Month-2.94%
2 Year116386%
3 Year25010.8%
5 Year66996%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.82%
ATR Inc13.03%
Range Today0
ADR(20)0.29
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.7
Mansfield0.79
10 Day High8.67
10 Day Low6.88
20 Day High8.98
20 Day Low6.71
52 Week High10.87
52 Week Low5.58
CS1 End8.38
CR1 Start8.49
Volume & EV
DER(3)0%
DER(5)0%
Volume14
Volume Incr15.09%
Vol(5)40.54K
Vol(50)40.67K