Natural Gas Futures Bullish Momentum With A 25% Rise In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 25.3% for the last 21 sessions. At 17:50 EST on Saturday, 8 June, Natural Gas (NG) is $2.94.

Volume

Today’s last reported volume for Natural Gas is 178128, 99.99% below its average volume of 3349293307.54.

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 bounces higher despite norwegian exports back to full volumes. According to FXStreet on Friday, 7 June, "Initially, the assumption was that Egypt would only issue a tender for less than 10 Liquefied Natural Gas (LNG) cargoes, though the final data on Thursday showed the tender for more than 15 LNG cargoes, according to Reuters.", "In case of a big miss in the US employment data and a sell-off in the DXY, the Natural Gas price could extend its positive move on Friday."

More news about Natural Gas (NG).

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