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

(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).

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