Natural Gas Futures Bearish Momentum With A 15% Drop In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 15.47% for the last 21 sessions. At 08:51 EST on Saturday, 3 August, Natural Gas (NG) is $1.98.

Volume

Today’s last reported volume for Natural Gas is 139841, 99.99% below its average volume of 3216257609.92.

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, 1 August, "That said, China’s economic woes keep a lid on any meaningful upside for Crude Oil prices.", "This suggests that the path of least resistance for Crude Oil prices is to the upside."

More news about Natural Gas (NG).

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