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

(VIANEWS) – Natural Gas (NG) has been up by 20.31% for the last 21 sessions. At 07:53 EST on Monday, 27 November, Natural Gas (NG) is $2.79.

Volume

Today’s last reported volume for Natural Gas is 2643, 99.99% below its average volume of 3935295758.93.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.25%, a negative 0.12%, and a positive 2.60%, respectively.

Natural Gas’s highest amplitude of average volatility was 1.07% (last week), 2.87% (last month), and 2.60% (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

  • According to DailyForex on Sunday, 26 November, "The West Texas Intermediate Crude Oil market has been all over the place during the course of the trading week, as we continue to look at the $75 level as a major support level. "
  • TI crude oil: weekly forecast 26th November – 2nd December – 26 November 2023. According to DailyForex on Sunday, 26 November, "Last week’s trading produced a rather tight range; neither the high or low in WTI Crude Oil seriously challenged the previous week’s wide value realms. ", "Yes, there is a change risk adverse conditions could re-ignite and push the commodity lower, but optimistic sentiment may help WTI Crude Oil spark buying this week."

More news about Natural Gas (NG).

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