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Natural Gas Futures Is 6% Down In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 6.06% for the last 10 sessions. At 17:51 EST on Saturday, 24 August, Natural Gas (NG) is $2.03.

Volume

Today’s last reported volume for Natural Gas is 57075, 99.99% below its average volume of 3169054280.69.

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 Thursday, 22 August, "The downward trajectory, meanwhile, seemed rather unaffected by bearish Crude Oil prices, which tend to undermine demand for the commodity-linked Loonie. ", "This, in turn, keeps Crude Oil prices depressed just above a multi-month low touched on August 5, albeit does little to ease the bearish pressure surrounding the USD/CAD pair. "
  • According to FXStreet on Friday, 23 August, "This, along with expectations that an interest rate cut by the Federal Reserve will boost economic activity, could limit the downside for Crude Oil prices.", "Apart from this, hopes for a ceasefire in Gaza contribute to capping the upside for Crude Oil prices."

More news about Natural Gas (NG).

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