Natural Gas Futures Drops By 8% In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 8.57% for the last 10 sessions. At 14:50 EST on Saturday, 23 March, Natural Gas (NG) is $1.65.

Volume

Today’s last reported volume for Natural Gas is 36237, 99.99% below its average volume of 3543501071.92.

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 Friday, 22 March, "This could act as a tailwind for Crude Oil prices and warrants some caution for bearish traders.", "West Texas Intermediate (WTI) US Crude Oil prices remain under some selling pressure for the third successive day on Friday and trades near the weekly low, around the $80.30 region during the Asian session."
  • According to FXStreet on Thursday, 21 March, "West Texas Intermediate (WTI) US Crude Oil prices attract some dip-buying during the Asian session on Thursday and reverse a part of the previous day’s losses. ", "This is seen undermining the US Dollar (USD) and benefitting USD-denominated commodities, including Crude Oil prices. "

More news about Natural Gas (NG).

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