Natural Gas Futures Bearish By 11% In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 11.92% for the last 10 sessions. At 11:51 EST on Wednesday, 20 March, Natural Gas (NG) is $1.70.

Volume

Today’s last reported volume for Natural Gas is 61672, 99.99% below its average volume of 3528060945.23.

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 forecast: continues to find buyers – 19 March 2024. According to DailyForex on Tuesday, 19 March, "The West Texas Intermediate Crude Oil market broke above the $81 level early during trading on Monday, as we continue to see a lot of upward pressure. "
  • According to FXStreet on Monday, 18 March, "West Texas Intermediate (WTI) US Crude Oil prices build on last week’s strong gains of nearly 4% and gain some follow-through positive traction on Monday. ", "Nevertheless, the aforementioned fundamental backdrop favours bullish traders and suggests that the path of least resistance for Crude Oil prices remains to the upside. "

More news about Natural Gas (NG).

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