Natural Gas Futures Bearish By 14% In The Last 5 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 14.42% for the last 5 sessions. At 04:53 EST on Thursday, 9 March, Natural Gas (NG) is $2.58.

Volume

Today’s last reported volume for Natural Gas is 7324, 99.99% below its average volume of 4975005070.27.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.22%, a positive 0.40%, and a positive 5.38%, respectively.

Natural Gas’s highest amplitude of average volatility was 5.47% (last week), 5.04% (last month), and 5.38% (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).

Previous days news about Natural Gas (NG)

  • Natural gas: decent support emerges around $2.50. According to FXStreet on Tuesday, 7 March, "At the moment, Natural Gas prices are advancing 1.40% at $2.608 and faces the next up-barrier at $3.009 (monthly high March 3) seconded by $3.182 (Fibo retracement) and finally $3.410 (55-day SMA). "

News about

  • According to FXStreet on Tuesday, 7 March, "The latest optimism over a fuel demand recovery in China pushes Crude Oil prices to the highest level since last January, which, in turn, underpins the commodity-linked Loonie. "
  • According to FXStreet on Wednesday, 8 March, "It should be noted that the slump in the Oil price ignored a surprise draw in the Weekly Crude Oil Stock details from the American Petroleum Institute (API), an industry source. "

More news about Natural Gas (NG).

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