Natural Gas Futures Bearish Momentum With A 5% Drop In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 5.9% for the last 10 sessions. At 11:50 EST on Friday, 28 June, Natural Gas (NG) is $2.63.

Volume

Today’s last reported volume for Natural Gas is 76815, 99.99% below its average volume of 3232304122.98.

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).

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