Natural Gas Futures Is 8% Up In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 8.87% for the last 10 sessions. At 11:55 EST on Thursday, 12 September, Natural Gas (NG) is $2.36.

Volume

Today’s last reported volume for Natural Gas is 129977, 99.99% below its average volume of 3075760461.19.

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 extends rebound amid concerns about impact of francine tropical storm on US production. According to FXStreet on Thursday, 12 September, "Crude Oil pops over 1.00% for a second day in a row after booking over 1.50% gains on Wednesday, which was the biggest daily gain for Crude Oil in two weeks. ", "At the time of writing, Crude Oil (WTI) trades at $67.70 and Brent Crude at $71.29"
  • Crude oil bears over 8% loss for September. According to FXStreet on Wednesday, 11 September, "At the time of writing, Crude Oil (WTI) trades at $65.52and Brent Crude at $69.16"
  • According to Zacks on Wednesday, 11 September, "Against this backdrop, investors can keep a close tab on the inverse leveraged oil ETFs like ProShares UltraShort Bloomberg Crude Oil (SCO Quick QuoteSCO – Free Report) and MicroSectors Energy 3X Inverse Leveraged ETNs (WTID Quick QuoteWTID) . "

More news about Natural Gas (NG).

Leave a Reply

Your email address will not be published. Required fields are marked *