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Natural Gas Futures Bullish By 24% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 24.75% for the last 21 sessions. At 11:52 EST on Tuesday, 28 May, Natural Gas (NG) is $2.53.

Volume

Today’s last reported volume for Natural Gas is 22991, 99.99% below its average volume of 3345832032.75.

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

  • Crude oil stretches gains, WTI tests $78.50 ahead of inflation data and looming opec+ meeting. According to FXStreet on Monday, 27 May, "US Crude Oil rebounded on Monday, extending a near-term rebound from the $76.00 handle, however, bullish momentum faces immediate technical resistance at the $80.00 price level. ", "Last week’s US Crude Oil supply tracking saw yet another unexpected buildup of US barrel counts. "

More news about Natural Gas (NG).

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