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Natural Gas Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 2.32% for the last 5 sessions. At 08:52 EST on Thursday, 28 March, Natural Gas (NG) is $1.72.

Volume

Today’s last reported volume for Natural Gas is 18773, 99.99% below its average volume of 3482538030.14.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.89%, a negative 0.47%, and a positive 3.46%, respectively.

Natural Gas’s highest amplitude of average volatility was 4.77% (last week), 5.08% (last month), and 3.46% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Natural Gas’s commodity is considered to be overbought (>=80).

News about

  • According to FXStreet on Wednesday, 27 March, "This decline in WTI price is attributed to the increase in API Weekly Crude Oil Stock for the week ending on March 22, with 9.337 million barrels against the previous decrease of 1.519 million barrels."
  • According to FXStreet on Wednesday, 27 March, "Natural Gas was down by over one and a half percentage points and Crude Oil by almost half a percent following data from the American Petroleum Institute (API) overnight showed a much bigger-than-expected build up in stockpiles."

More news about Natural Gas (NG).

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