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Natural Gas Futures Bearish By 18% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 18.73% for the last 21 sessions. At 01:50 EST on Monday, 11 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).

News about

  • Crude oil sees a bounce on Friday, still set for another down week with WTI below $72. According to FXStreet on Friday, 8 December, "WTI Crude Oil daily candlesticks remain firmly capped by the 200-day Simple Moving Average (SMA) near $78.00, with the 50-day SMA accelerating into the downside at $80.00.", "Key OPEC members, headed up by Saudi Arabia, have aggressively pursued tighter production caps in order to keep Crude Oil prices bid. "

More news about Natural Gas (NG).

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