Natural Gas Futures Bearish Momentum With A 22% Drop In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 22.59% for the last 21 sessions. At 13:55 EST on Thursday, 7 December, Natural Gas (NG) is $2.51.

Volume

Today’s last reported volume for Natural Gas is 11512, 99.99% below its average volume of 3823789880.81.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.18%, a negative 0.86%, and a positive 2.45%, respectively.

Natural Gas’s highest amplitude of average volatility was 2.18% (last week), 2.21% (last month), and 2.45% (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).

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