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Natural Gas Futures Bullish Momentum With A 8% Jump In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 8.18% for the last 10 sessions. At 08:54 EST on Thursday, 4 April, Natural Gas (NG) is $1.84.

Volume

Today’s last reported volume for Natural Gas is 19068, 99.99% below its average volume of 3445490738.62.

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 Tuesday, 2 April, "Spot prices currently trade around the 1.3580 area and remain supported by some follow-through US Dollar (USD) buying, though bullish Crude Oil prices might cap any further gains.", "Meanwhile, Crude Oil prices stand tall near a five-month high touched on Monday amid signs of improved demand and the risk of a further escalation of tensions in the Middle East. "

More news about Natural Gas (NG).

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