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Natural Gas Futures Bearish By 31% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 31.03% for the last 21 sessions. At 10:50 EST on Sunday, 4 February, Natural Gas (NG) is $2.09.

Volume

Today’s last reported volume for Natural Gas is 113371, 99.99% below its average volume of 3692993882.03.

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 hovers near $2 marker with European demand less buoyed. According to FXStreet on Friday, 2 February, "The jump in Natural Gas comes after the US okayed plans for military strikes in both Iraq and Syria. ", "On the upside, Natural Gas is facing some pivotal technical levels to get back to. "

News about

  • According to FXStreet on Friday, 2 February, "West Texas Intermediate (WTI) US Crude Oil fell into familiar lows on Friday, driven down by geopolitical fears washing out on hostage negotiations and sparks of doubt that OPEC will successfully under-produce pumping growth in the non-OPEC sphere.", "WTI has extended declines and fallen even further away from the 200-hour Simple Moving Average (SMA) at $76.00 per barrel, and US Crude Oil has shed nearly 10% from its last swing high into $79.19."
  • WTI crude oil weekly forecast: mid-term support challenged as risks escalate – 04 February 2024. According to DailyForex on Sunday, 4 February, "Day traders need to understand larger players in WTI Crude Oil are quite experienced with the perception of ‘risks’ coming from the Middle East.", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Commodity Trading in WTI Crude Oil has Complex Mechanics"

More news about Natural Gas (NG).

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