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

(VIANEWS) – Natural Gas (NG) has been up by 18.78% for the last 21 sessions. At 14:52 EST on Wednesday, 3 July, Natural Gas (NG) is $2.42.

Volume

Today’s last reported volume for Natural Gas is 116783, 99.99% below its average volume of 3235533847.76.

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).

Previous days news about Natural Gas (NG)

  • Natural gas sinks to pivotal level as China’s demand slumps. According to FXStreet on Monday, 1 July, "The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. "
  • Natural gas in distress with selloff adding another leg. According to FXStreet on Tuesday, 2 July, "Over 15% in value has already evaporated since June 25th, and more downturns could be at hand as a US judge in Louisiana issued a ruling on Monday to lift the current ban on new export licenses for Liquified Natural Gas (LNG). "

More news about Natural Gas (NG).

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