Natural Gas Futures Is 17% Down In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 17.55% for the last 21 sessions. At 05:56 EST on Friday, 26 July, Natural Gas (NG) is $2.03.

Volume

Today’s last reported volume for Natural Gas is 3700, 99.99% below its average volume of 3162862404.84.

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 Friday, 26 July, "The stronger-than-expected US Gross Domestic Product (GDP) print released on Thursday raised hopes for increasing demand in the world’s largest fuel consumer and turned out to be a key factor acting as a tailwind for Crude Oil prices. ", "The crucial inflation data should influence the Fed’s rate-cut path, which will drive the USD demand and determine the next leg of a directional move for Crude Oil prices, which, so far, has been showing some resilience below the key 200-day Simple Moving Average (SMA)."

More news about Natural Gas (NG).

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