WT NATURAL GAS (NGAS.MI) Stock Technical Analysis
BIT:NGAS - Euronext Milan - JE00BN7KB334 - ETF - Currency: EUR
We assign a technical rating of 9 out of 10 to NGAS. Both in the recent history as in the last year, NGAS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
NGAS is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so NGAS slightly outperforms the market at the moment.
When comparing the yearly performance of all stocks, we notice that NGAS is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month NGAS has a been trading in the 8.31 - 10.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NGAS has an excellent technical rating, but the quality of the setup is only medium 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
5.82
10.29
4 important support areas can be observed.
- Support @9.87 from a trend line in the daily time frame.
- A support zone ranging from 9.41 to 9.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.49 to 8.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.19 from a horizontal 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
CRS91.34
Mansfield2.95
10 Day High10.87
10 Day Low9.28
20 Day High10.87
20 Day Low8.31
52 Week High10.87
52 Week Low5.58
Performance
1 Week5.26%
2 Weeks-2.74%
1 Month19.34%
3 Month48.32%
6 Month62.37%
12 Month25.17%
2 Year122258%
3 Year47095.2%
5 Year71202.2%
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
RSI(14)56.09
LBB9.08
UBB10.7
BIT:NGAS (3/7/2025, 7:00:00 PM)
9.911
-0.24 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.34%
1 Week5.26%
2 Weeks-2.74%
1 Month19.34%
3 Month48.32%
6 Month62.37%
12 Month25.17%
2 Year122258%
3 Year47095.2%
5 Year71202.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%4.89%
ATR Inc-15.4%
Range Today0.31
ADR(20)0.37
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.34
Mansfield2.95
10 Day High10.87
10 Day Low9.28
20 Day High10.87
20 Day Low8.31
52 Week High10.87
52 Week Low5.58
CS1 End9.87
CR1 Start10.19
Volume & EV
DER(3)-0.28%
DER(5)-0.17%
Volume22.59K
Volume Incr-38.48%
Vol(5)48.74K
Vol(50)93.63K