- Bullfinder AI
- Posts
- Is Natural Gas a Sleeping Giant?
Is Natural Gas a Sleeping Giant?
Talks are heating up about two crucial resources set to fuel our future...
In this edition of the Bullfinder AI newsletter, we take a deeper dive into the current state of the Natural Gas Market.
The last two Bullfinder AI Momentum Re-Ratings:
- Early 2021 (Bullish)
- Late 2022 (Bearish)
Is Natural Gas a Future Powerhouse?
Many resource experts have been saying that Uranium & Natural Gas are the only viable way of fueling the future expected electricity demands of Artificial Intelligence and other electronic developments such as Electric cars, cryptocurrency mining and more.
Current Supply vs Demand Dynamic…
As you can see from the price chart above, the current price of Natural Gas is low compared to historical movements, specifically over the last 5-10 years where price hit a high of approximately $10.
In comparison, Natural Gas currently sits at $2.665
Bullfinder AI Tech Reading…
Our Smart Tech identified Natural Gas as showing signs of Bullish potential Early 2021, and re-rated Natural Gas to ‘bearish’ late 2022 at $4.512.
Since the last re-rating, price has continued to slide, reaching a low point of approximately $1.500 in February of 2024.
The current rating remains as ‘Bearish’ for now.
What’s next?
Although there hasn’t been a recent change to the Bullfinder AI Momentum rating for Natural Gas, our Tech & Team are watching all markers across the Natural Gas industry in the event there is a rapid change which may warrant higher prices.
We anticipate that if price can sustain increases above approximately $3, then the Bullfinder AI Tech may just re-rate this commodity as Bullish.
But until then…we watch with caution.
Enjoy this article?
The greatest compliment is sharing Bullfinder.ai with a friend.
Thank you for reading! We look forward to sharing future updates with you…