Natural Gas Futures Bullish By 33% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 33.18% for the last 21 sessions. At 14:52 EST on Saturday, 11 May, Natural Gas (NG) is $2.25.

Volume

Today’s last reported volume for Natural Gas is 132733, 99.99% below its average volume of 3420025171.15.

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).

Previous days news about Natural Gas (NG)

  • Natural gas price analysis: correction unfolding within an uptrend. According to FXStreet on Friday, 10 May, "After the correction Natural Gas will probably continue to new highs in line with the dominant uptrend. ", "If Natural Gas price breaks below $2.32 MMBtu it will bring the uptrend into doubt and suggest the possibility that a reversal has occurred and a new downtrend is beginning. "

News about

  • According to FXStreet on Friday, 10 May, "West Texas Intermediate (WTI) Crude Oil is in a short-term downtrend which, given the old adage "the trend is your friend," is expected to eventually continue once the current correction has finished."

More news about Natural Gas (NG).

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