Natural Gas Futures Over 16% Up In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 16.28% for the last 10 sessions. At 14:53 EST on Tuesday, 9 April, Natural Gas (NG) is $1.88.

Volume

Today’s last reported volume for Natural Gas is 167655, 99.99% below its average volume of 3471341468.17.

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, 9 April, "As investors look past the disappointing Canadian employment details released last Friday, the overnight goodish intraday rise in Crude Oil prices is seen underpinning the commodity-linked Loonie and acting as a headwind for the USD/CAD pair. "
  • According to FXStreet on Monday, 8 April, "The optimism is being fueled by positive economic data from China - the world’s top importer - and supports prospects for the emergence of some dip-buying around Crude Oil prices.", "Apart from this, the OPEC+ clampdown on some countries to increase compliance with output cuts, along with a strong demand outlook, acts as a tailwind for Crude Oil prices. "
  • WTI crude oil weekly forecast: resistance vulnerable as values escalate anew – 07 April 2024. According to DailyForex on Sunday, 7 April, "Yes, WTI Crude Oil is now trading at highs seen in October of 2023; this after the Israel war with Hamas became newsworthy. ", "The ability of WTI Crude Oil needs to be looked at with careful perspectives and make sure that buying positions aren’t merely reacting to noise from the media which looks for easy excuses to explain upswings in prices. "

More news about Natural Gas (NG).

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