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Natural Gas Futures Rises By 16% In The Last 21 Sessions

ViaNews Editorial Team

September 18, 2024

Natural Gas Futures Rises By 16% In The Last 21 Sessions

(VIANEWS) - Natural Gas (NG) has been up by 16.22% for the last 21 sessions. At 14:52 EST on Wednesday, 18 September, Natural Gas (NG) is $2.29.

Volume

Today's last reported volume for Natural Gas is 121504, 99.99% below its average volume of 3061225301.56.

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

  • Crude oil dips after soft Chinese data adds more downside pressure. According to FXStreet on Monday, 16 September, "Traders would stem a bigger rate cut as supportive of growth and demand, supporting Crude Oil prices.", "A bigger-than-expected rate cut could see Crude Oil rally in the assumption that demand would pick up and lower rates would unfreeze shelved projects and investments that demand Oil to be developed."

More news about Natural Gas (NG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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