(VIANEWS) – Natural Gas (NG) has been up by 18.73% for the last 21 sessions. At 10:50 EST on Saturday, 9 December, Natural Gas (NG) is $2.55.
Volume
Today’s last reported volume for Natural Gas is 154274, 99.99% below its average volume of 3883393230.99.
Volatility
Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.37%, a negative 1.07%, and a positive 2.51%, respectively.
Natural Gas’s highest amplitude of average volatility was 3.37% (last week), 2.41% (last month), and 2.51% (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 set to sink to $2 as oversupply lingers. According to FXStreet on Thursday, 7 December, "Sentiment could quickly change overnight, when for example Gaza tensions do spill over into the wider Middle East, or should a severe winter erode all European Gas reserves ahead of spring, Natural Gas could edge up to $3.00 as the level to watch. "
News about
- Crude oil forecast: break down – 07 December 2023. According to DailyForex on Thursday, 7 December, "This trend is evident in both West Texas Intermediate (WTI) and Brent crude oil markets, reflecting growing concerns about a potential major recession and a consequent reduction in oil demand.WTI Crude Oil Market Trends", "In the WTI Crude Oil market, the downward movement has been particularly pronounced. "
More news about Natural Gas (NG).