U.S. natural gas cumulative exports hit a record high of 13.77 billion cubic feet on March 19, according to Bloomberg NEF. This happened against the backdrop of EU economic sanctions against Russia and a reduction in European countries' purchases of Russian natural gas. Currently, the cost of liquefied natural gas in Europe and Southeast Asia is almost equal. Formerly U.S. The Energy Information Administration (EIA) announced an increase in US liquefied gas exports in 2021 to a record level of 9.7 billion cubic feet per day. This is 50% more than in 2020. An additional positive for the quotes was the cold snap forecast for the east of the United States, published by the Commodity Weather Group. This may increase the demand for gas for heating.
| Indicator | VALUE | Signal |
|---|
| RSI | | Sell |
| MACD | | Sell |
| MA(200) | | Sell |
| Fractals | | Buy |
| Parabolic SAR | | Buy |
| Bollinger Bands | | Buy |
Summary of technical analysis
| Order | Buy |
| Buy stop | Above 5,18 |
| Stop loss | Below 4,21 |