Natural Gas Futures Bullish Momentum With A 15% Rise In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 15.76% for the last 21 sessions. At 11:52 EST on Sunday, 21 May, Natural Gas (NG) is $2.59.

Volume

Today’s last reported volume for Natural Gas is 149652, 99.99% below its average volume of 4741923172.45.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.60%, a negative 0.24%, and a positive 4.19%, respectively.

Natural Gas’s highest amplitude of average volatility was 1.59% (last week), 2.85% (last month), and 4.19% (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 oversold (<=20).

Previous days news about Natural Gas (NG)

  • Natural gas price analysis: overbought RSI prods xng/usd bulls below $2.80 key hurdle. According to FXStreet on Friday, 19 May, "On the flip side, a nearly four-month-old horizontal resistance area surrounding $2.75-80 appears a tough nut to crack for Natural Gas buyers.", "Overall, the Natural Gas price remains on the bull’s radar despite the latest retreat."
  • Natural gas price analysis: overbought RSI prods xng/usd bulls below $2.80 key hurdle. According to FXStreet on Friday, 19 May, "Overall, the Natural Gas price remains on the bull’s radar despite the latest retreat.", "Even if the Natural Gas price drops below $2.64 DMA support, April’s top surrounding $2.57 and multiple levels marked since March, close to $2.50, could challenge the commodity bears before giving them control. "

News about

  • According to FXStreet on Friday, 19 May, "WTI Crude Oil is currently trading in the mid $72s and Brent Crude Oil in the mid $76s."

More news about Natural Gas (NG).

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