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Natural Gas Futures Rises By 19% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 19.36% for the last 21 sessions. At 02:53 EST on Wednesday, 25 September, Natural Gas (NG) is $2.58.

Volume

Today’s last reported volume for Natural Gas is 1118, 99.99% below its average volume of 3067023277.13.

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, 24 September, "This is seen underpinning demand for USD-denominated commodities and lending some support to Crude Oil prices.", "The aforementioned mixed fundamental backdrop warrants some caution before placing aggressive directional bets around Crude Oil prices as traders opt to wait for more cues about the Fed’s rate-cut path. "
  • According to FXStreet on Wednesday, 25 September, " Oil traders will take more cues from the weekly EIA Crude Oil stockpiles report, which is due later on Wednesday. "
  • According to FXStreet on Monday, 23 September, "West Texas Intermediate (WTI) US Crude Oil prices have recovered over 10.5% bottom-to-top since September 10’s bottom bids of $64.75, the key commodity’s lowest prices since May of 2022. "

More news about Natural Gas (NG).

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