Natural Gas Futures Bullish By 4% In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 4.87% for the last 10 sessions. At 04:51 EST on Friday, 22 December, Natural Gas (NG) is $2.59.

Volume

Today’s last reported volume for Natural Gas is 215, 99.99% below its average volume of 3757252842.08.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.30%, a negative 1.21%, and a positive 2.65%, respectively.

Natural Gas’s highest amplitude of average volatility was 1.74% (last week), 2.67% (last month), and 2.65% (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 forecast: faces resistance at $2.50 amidst bearish sentiment – 20 December 2023. According to DailyForex on Wednesday, 20 December, "The Natural Gas market experienced a modest decline during the latest trading session, with the $2.50 level acting as a formidable barrier to further upward movement. ", "At the end of the day, the Natural Gas market grapples with resistance at the $2.50 level amid an overall bearish backdrop. "
  • Natural gas jumps over 2% with red sea tensions lingering into Christmas. According to FXStreet on Thursday, 21 December, "On the upside, Natural Gas could still try to return to the purple line near $2.60 as the first hurdle. "

News about

  • According to FXStreet on Thursday, 21 December, "US EIA Crude Oil Stocks Change revealed that US Crude inventories for the week ending on December 15 unexpectedly rose to 2.909 million barrels. "
  • According to FXStreet on Wednesday, 20 December, "American Petroleum Institute (API) Weekly Crude Oil Stock on the week ending on December 15, rose to 0.939M, swinging from the previous decline of 2.349M figures. ", "The US Energy Information Administration is set to release the Crude Oil Stocks Change report on Wednesday. "
  • Crude oil forecast: rallies again – 21 December 2023. According to DailyForex on Thursday, 21 December, "The West Texas Intermediate (WTI) Crude Oil market witnessed a significant rally during Wednesday’s trading session. ", "In the end, the Crude Oil markets are navigating challenging terrain, encountering major resistance levels and experiencing periods of heightened volatility. "

More news about Natural Gas (NG).

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