SWN Southwestern Energy. The Best Play on US Natural Gas ExportsI've held this investment for over a year now. Average price is around 5.8. It has not done anything in terms of stock price but the company's financials improved big time and they are bringing in massive free cash flow. In the next couple years they pay down their debt and get a big pop next time Natural Gas has good times. I feel good in it still think it's cheap and that the market just doesn't know it yet. The last year has been a hard times for stocks too. Target for SWN is at least $14
Natural Gas
Natural Gas - Jan 19thHeavy volume coming in - looking very squeezed TBH but currently just spectating - do not favor one way over the other enough at the moment..
Natural Gas Fall Good 😊The price of the Natural gas is good for the most of the emerging market, The falling price also help in the most of the Euorope union nation because this is help to power supply. Now the natural gas price is the near to the Average price.
Long Natural Gas based on temperature decrease in USFundamental:
15.01.23
Weather reports point to the possibility of a further drop in gas prices amid forecasts indicating the likelihood of unusually mild temperatures in the United States through mid-January, Gelber's note said.
16.01.23
After consecutive weekly declines at the start of the new year, natural gas futures rebounded on Tuesday amid expectations of more cold spells later this month.
The spot price fell about 27.6 cents on Friday after several days of unusually warm weather to start 2023. Production also proved strong and stood at around 101 billion cubic feet per day. It remained near record levels of around 102 billion cubic feet per day.
However, natural gas prices are more than 50% lower than they were just a month ago, and for futures contracts to maintain an upward trajectory, cold air needs to arrive soon and other February predictions may need to be made.
The U.S. National Oceanic and Atmospheric Administration's eight-to-14-day forecast calls for below-average temperatures in the western, midwestern and southwestern parts of the lower 48 states.
18.01.23
US gas prices are rising today (knowing that volumes are limited due to MLK Day), while European prices are falling sharply. There are new weather forecasts for the last week of January in the United States. Temperatures are expected to drop significantly across most of the United States, to below average levels. It turns out that February could bring more volatility for natural gas. Seasonality indicates two local troughs (cold winds) - January 21 and February 4.
"Looking ahead, it's not out of the question that NYMEX gas futures will return to $5 mmBtu or higher, but it will take a lot of arctic air to dominate the nation for several weeks," adds Gelber's note. "Conversely, if the weather forecast models revert to a longer spell of warmth, this would set the stage for new lows for NYMEX gas futures."
Technical:
- RSI over 30.0 + Standard deviation increasing (high volatility)
- High volume at $3.54
- Support reached
Natural Gas Chart looking interestingIt is safe to say that NG has been bleed out recently, and is looking very oversold. I am watching closely here for a long position. Momentum looks like it may shift bullish soon.
Butterfly Still in Play for Natural Gas NG!Butterfly still in play
1) XB should be 0.786. Here we have 0.794 so I would accept it. Tick
2) AC should range between 0.392 to 0.886. Here it is 0.774. Tick
3) BD should range between 1.618 and 2.618. Here it is 2.128 . Not complete yet but Trending!
4) XB should range between 1.27 and 1.618. Here it is 1.493. Not complete yet but Trending!
Let's see what the price action does. I believe a reversal is due now to the upside.
Note: XB to 1.618 would be at the price of 3. So still downside risk.
NATGAS (XNGUSD) ALL NEAR Support and Resistence AreasNatural gas (XNGUSD) is currently trading near key support and resistance levels. The near-term support and resistance levels are important to watch, as they can provide insight into the direction of the commodity’s price.
15M Chart:
Jan 15,23-NG-Will it get back down to 3So NG started this week off with a Gap Up, not huge but still up.
Question is....will it stay up and gain or is it going to get back to the 3 mark. 3 would put it at the bottom of the Linnear Regression Indicator as you can see on the chart.
I'm going to hold off on any trade until I'm sure price action is going to keep going up (as sure as I can be anyway).
I'm still thinking price will end this week down, if not to 3 then to 3.2 - then I might consider putting in a Buy Order.
Thoughts?
Heiko
Natural Gas is looking for a bounceWe could see a move up in Natural Gas this week based on some indicators that I will explore in this idea.
Natural Gas 4H Inverted Head and shouldersNatural Gas 4H Inverted Head and shoulders
Are gas prices absolutely going to explode?
to $17 per MMBtu
Let me know what you think
Natural Gas 2023 Targets - $3.81 , $3.39Natural Gas has been hanging on key support trend line (WHITE) running from Jun 2020.. If that level gets breached, expect Natural Gas to hit immediate target $4.73 (Yellow Line).
Then eventually we see the targets $3.81 (Orange line) and 3.39 (Green line) in 2023. With economy running into risks of recession in 2023, we'll see pullbacks in NG.
We'll not go to the targets directly, expect technical bounces at the key support levels - $4.73 , $3.81 and $3.39.
Natural Gas (NATGASUSD): How to Buy With Confirmation 💨
Natural Gas formed a harmonic abcd pattern on a weekly.
Its completion point matches perfectly with a horizontal key level.
I am currently looking for a confirmation to buy.
I will look for a bullish breakout of a falling channel on 4H.
It will confirm the strength of bulls.
Goals will be 4.08 / 4.36
Alternatively, a bearish breakout of a blue area will push the market lower.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Exxon mobil and other oil stocks are boughtNYSE:XOM
PEPPERSTONE:NATGAS
Oil stocks usally follow natural gas and the price of oil pretty closly.
this makes sense since they sell oil and if the price of oil goes down then should the stock selling that oil.
recently this has not been true as the price of oil and Natural gas have fallen Oil companies are not falling but why??
i belive this is because of very high profits which they got when the price of oil was high
and also investors thinking that the price of oil will rebound
i think oil is over bought as the underlying asset is down but the Stocks selling those assets arent
Not Financial Advice just an opinon
fell free to Correct me on any of my points if i didnt see something
natural gas(henry hub)Don't you think the gas has fallen too much!? In my opinion, after meeting the demand and breaking the trend, it will go towards full neck gap
The new refinery has started working and we saw the fall, but now the weather is getting colder
NATGAS Bullish & Bearish Scenario Natural Gas is at a major support key zone, after several months of downtrend. My bias is that price would range at this level for a while before a major reversal to the upside. If the price breaks this key level, i expect price to move down to the next key zone.
Jan 11,22-NG-Will Price Drop to 3?In looking at the chart, price doesn't look good for a rebound anytime soon. I think 3 is in the cards for next week.
Weather is warmer than usual across the U.S., NG prices in Europe are dropping, China might have to go back into lockdown because of Covid concerns, the WORLD is heading into a hell of a recession, even though some of the world is already into it.
This is why I have stayed on the sidelines for the last 2 weeks and probably will for the next 2. Unless something changes, but price could actually drop to maybe 2.... I think 2.5 is certainly a possibility.
Hence, I am looking at trading a few other markets in the meantime to make some coin.
I will keep you posted.
Heiko
Natrual Gas at PCZ of Bullish ABCD with Bullish DivergenceNATGAS has Bullish Divergence at the PCZ of a Bullish ABCD on the 2 Day and it also has a smaller intraweek Bullish Shark Setup on the Hourly with a Bullish Divergence.
I will target $4.50 on the Hourly and $8.00 on the Daily.
NG Long IdeaNG must hold this area of support. Many factors at play here and we are still in prime time winter. I believe a long play here is wise.
Trade safe.
$NGAS - Heading to our Target!$NGAS - Heading to our Target!
What a prediction!
Nailed this drop in Natural Gas.
Europe and its its coin: The Euro, have been eating the fruits of this sudden drop.
I expect support to come in very soon, after that I think #NaturalGas will start to play a smaller role.
