Natural Gas Futures Bullish Momentum With A 23% Rise In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 23.22% for the last 21 sessions. At 14:52 EST on Wednesday, 8 May, Natural Gas (NG) is $2.18.

Volume

Today’s last reported volume for Natural Gas is 131864, 99.99% below its average volume of 3391375779.58.

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 eases as traders engage in profit-taking after steep surge. According to FXStreet on Tuesday, 7 May, "Meanwhile, Australian Liquified Natural Gas (LNG) exports are expected to drop substantially with Chevron’s Gorgon plant remaining offline for at least five weeks."

More news about Natural Gas (NG).

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