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Natural Gas Futures Falls By 28% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 28.22% for the last 21 sessions. At 07:52 EST on Wednesday, 14 February, Natural Gas (NG) is $1.67.

Volume

Today’s last reported volume for Natural Gas is 18781, 99.99% below its average volume of 3618723344.89.

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 starts the week in the red on temperatures increase in Europe. According to FXStreet on Monday, 12 February, "In case Natural Gas sees sudden demand pick up, possibly $2.40 could come into play.", "On the upside, Natural Gas is facing some pivotal technical levels to get back to. "

News about

  • Crude oil forecast: continues to build a case for buying – 12 February 2024. According to DailyForex on Monday, 12 February, "In the WTI Crude Oil market, there was a slight pullback observed on Friday, but it appears to be part of a broader pattern of sustained bullishness that began on Thursday. "

More news about Natural Gas (NG).

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