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Natural Gas Futures Bearish Momentum With A 18% Fall In The Last 21 Sessions

ViaNews Editorial Team

February 26, 2024

Natural Gas Futures Bearish Momentum With A 18% Fall In The Last 21 Sessions

(VIANEWS) - Natural Gas (NG) has been up by 18.98% for the last 21 sessions. At 04:51 EST on Monday, 26 February, Natural Gas (NG) is $1.67.

Volume

Today's last reported volume for Natural Gas is 6313, 99.99% below its average volume of 3614685081.29.

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

  • WTI crude oil weekly forecast: prices turn lower towards near-term support - 25 February 2024. According to DailyForex on Sunday, 25 February, "The price range which has become accepted as a norm by traders, may have more to do with the gyrations in WTI Crude Oil compared to other interpretations.", "The 76.000 to 79.000 price range in WTI Crude Oil has been rather durable the past couple of weeks. "

More news about Natural Gas (NG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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