Natural Gas Futures Bearish Momentum With A 12% Fall In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 12.04% for the last 21 sessions. At 16:50 EST on Monday, 29 January, Natural Gas (NG) is $2.46.

Volume

Today’s last reported volume for Natural Gas is 3257, 99.99% below its average volume of 3692993214.56.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 4.01%, a negative 0.05%, and a positive 3.49%, respectively.

Natural Gas’s highest amplitude of average volatility was 5.35% (last week), 5.05% (last month), and 3.49% (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).

News about

  • WTI crude oil weekly forecast: move higher as risk adds to complicated price – 28 January 2024. According to DailyForex on Sunday, 28 January, "Importantly, day traders need to understand most of the larger players in WTI Crude Oil are experienced and may return to their trading desks more calm than they were on late Friday when news of the Red Sea attack first were heard.WTI Crude Oil Weekly Outlook:Speculative price range for WTI Crude Oil is 76.100 to 81.100 USD.", "If the price of WTI Crude Oil surges past 79.000 USD early on Monday, this would be a signal some large players are still nervous."

More news about Natural Gas (NG).

Leave a Reply

Your email address will not be published. Required fields are marked *