(VIANEWS) – Natural Gas (NG) has been up by 12.86% for the last 10 sessions. At 11:50 EST on Thursday, 5 September, Natural Gas (NG) is $2.27.
Volume
Today’s last reported volume for Natural Gas is 118108, 99.99% below its average volume of 3090434213.41.
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 bottoms out as OPEC mulls delaying supply increase. According to FXStreet on Thursday, 5 September, "At the time of writing, Crude Oil (WTI) trades at $69.43 and Brent Crude at $73.27", "This delay appears to be the minimum needed to keep Crude Oil prices afloat at the current levels."
- According to FXStreet on Thursday, 5 September, "A convincing break below the latter will be seen as a fresh trigger for bearish traders and drag Crude Oil prices to sub-$67.00 levels, or June 2023 swing low.", "The latter should act as a key pivotal point, which if cleared decisively should trigger a short-covering rally, which should allow Crude Oil prices to surpass the $72.50 intermediate resistance and aim to reclaim the $73.00 mark."
- According to FXStreet on Thursday, 5 September, "Looking ahead, traders will keep an eye on the US ISM Services PMI and weekly EIA Crude Oil stockpiles report, which are due later on Thursday. "
More news about Natural Gas (NG).
