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Natural Gas Futures Bullish Momentum With A 31% Jump In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 31.42% for the last 21 sessions. At 20:52 EST on Thursday, 9 May, Natural Gas (NG) is $2.32.

Volume

Today’s last reported volume for Natural Gas is 2063, 99.99% below its average volume of 3366699108.07.

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).

News about

  • According to FXStreet on Wednesday, 8 May, "Oil traders willshift their focus tothe EIA Crude Oil stockpiles report duelateron Wednesday. "
  • According to FXStreet on Wednesday, 8 May, "Oil traders will shift their focus to the US Crude Oil Stocks Change due later on Wednesday. "
  • According to FXStreet on Wednesday, 8 May, "The underlying bullish tone around the US Dollar (USD) might continue to weigh on Crude Oil prices"

More news about Natural Gas (NG).

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