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Natural Gas Futures Bearish By 20% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 20.78% for the last 21 sessions. At 01:52 EST on Sunday, 26 November, Natural Gas (NG) is $2.86.

Volume

Today’s last reported volume for Natural Gas is 28005, 99.99% below its average volume of 3944882313.38.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.53%, a positive 0.21%, and a positive 2.62%, respectively.

Natural Gas’s highest amplitude of average volatility was 1.09% (last week), 3.12% (last month), and 2.62% (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 oversold (<=20).

Previous days news about Natural Gas (NG)

  • Natural gas flirts with break of $3 despite delay in gaza ceasefire. According to FXStreet on Thursday, 23 November, "In this scenario, Natural Gas would likely edge up, with $3.20 as the level to watch. "
  • Natural gas forecast: looks for a bottom – 24 November 2023. According to DailyForex on Friday, 24 November, "Evaluating Prospects and Hurdles in the Natural Gas MarketA potential stumbling block for natural gas pertains to the European Union’s impending economic challenges, which could precipitate a recession this winter."

More news about Natural Gas (NG).

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