Natural Gas Futures Bearish Momentum With A 16% Drop In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 16.74% for the last 21 sessions. At 02:50 EST on Monday, 15 July, Natural Gas (NG) is $2.26.

Volume

Today’s last reported volume for Natural Gas is 8320, 99.99% below its average volume of 3261600963.8.

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).

News about

  • According to FXStreet on Monday, 15 July, "Concerns about supply disruptions stemming from the ongoing conflicts in the Middle East turn out to be another factor lending some support to Crude Oil prices. ", "This might hold back the USD bulls from placing aggressive bets and continue to act as a tailwind for Crude Oil prices. "

More news about Natural Gas (NG).

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