Natural Gas Futures Rises By 16% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 16.9% for the last 21 sessions. At 08:52 EST on Friday, 11 October, Natural Gas (NG) is $2.70.

Volume

Today’s last reported volume for Natural Gas is 21591, 99.99% below its average volume of 3010017480.89.

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

  • Crude oil finds support after hurtful two-day price action. According to FXStreet on Thursday, 10 October, "At the time of writing, Crude Oil (WTI) trades at $73.60 and Brent Crude at $77.23"
  • Crude oil finds support as market focus shifts back to supply. According to FXStreet on Wednesday, 9 October, "At the time of writing, Crude Oil (WTI) trades at $71.43and Brent Crude at $75.32"
  • According to FXStreet on Friday, 11 October, "That said, stronger-than-expected US inflation data sparked some doubts over how much rates will fall in the coming months, which, in turn, caps the upside for Crude Oil prices.", "Nevertheless, Crude Oil prices remain on track to register gains for the second straight week. "

More news about Natural Gas (NG).

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