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Natural Gas Futures Over 31% Up In The Last 21 Sessions

ViaNews Editorial Team

October 2, 2024

Natural Gas Futures Over 31% Up In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 31.62% for the last 21 sessions. At 23:50 EST on Tuesday, 1 October, Natural Gas (NG) is $2.90.

Volume

Today's last reported volume for Natural Gas is 1510, 99.99% below its average volume of 3064121989.91.

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, 1 October, "The downward trajectory could eventually drag Crude Oil prices below the $64.00 mark, towards challenging the lower boundary of the aforementioned trend-channel, currently pegged near the $63.00-$62.90 region.", "The latter should act as a pivotal point, which if cleared could allow Crude Oil prices to reclaim the $69.00 mark and climb further towardthe $70.00 psychological mark."
  • Crude oil edges lower despite intensified attacks on Lebanon. According to FXStreet on Monday, 30 September, "At the time of writing, Crude Oil (WTI) trades at $67.78and Brent Crude at $71.07."

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.