(VIANEWS) – Natural Gas (NG) has been up by 22.46% for the last 21 sessions. At 11:52 EST on Saturday, 25 May, Natural Gas (NG) is $2.50.
Volume
Today’s last reported volume for Natural Gas is 48907, 99.99% below its average volume of 3384289810.9.
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 Thursday, 23 May, "West Texas Intermediate (WTI) US Crude Oil is trading up over a percent at $78.01 on Thursday."
- According to FXStreet on Thursday, 23 May, "USD/CAD had been trading significantly down for the day prior to the data on the back of a mixture of higher Crude Oil prices (CAD positive), positive risk appetite (CAD positive), better-than-expected Canadian Housing data and technical chart resistance. "
- Crude oil backslides into the red on Thursday, WTI falls below $77 as diminishing rate cut hopes weigh. According to FXStreet on Thursday, 23 May, "US Crude Oil production has once again threatened to outpace demand, leading to a fresh buildup in week-on-week barrel counts and renewing concerns that a US-led overhang of Crude Oil could push barrel prices paid even lower.", "US Crude Oil has fallen to its lowest bids in over a week, knocking into $76.50 after backsliding through the $77.00 handle."
- According to FXStreet on Friday, 24 May, "At the time of writing, Crude Oil (WTI) trades at $77.45and Brent Crude at $81.62"
- Crude oil pares losses, WTI rebounds into congestion on Friday. According to FXStreet on Friday, 24 May, "US Crude Oil production continues to weigh on barrel bulls after US supply counts snubbed forecast declines, showing another buildup in US Crude Oil supply lines. ", "WTI continues to trade on the bearish side of the 200-hour Exponential Moving Average at $78.05, but Friday’s bullish recovery sends US Crude Oil back into familiar technical congestion."
More news about Natural Gas (NG).
