Natural Gas Futures Went Down By Over 18% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 18.14% for the last 21 sessions. At 14:55 EST on Wednesday, 24 July, Natural Gas (NG) is $2.12.

Volume

Today’s last reported volume for Natural Gas is 57311, 99.99% below its average volume of 3200366456.18.

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 Monday, 22 July, "This assists Crude Oil prices in reversing a part of Friday’s heavy losses to a one-month low, underpinning the commodity-linked Loonie and contributing to keeping a lid on the USD/CAD pair.", "Market participants this week will also confront the release of flash PMIs, which should provide fresh insight into the health of the global economy and influence Crude Oil prices. "
  • According to FXStreet on Monday, 22 July, "This, in turn, is seen lending some support to the USD-denominated commodities, including Crude Oil prices.", "This, along with China’s economic woes, should keep a lid on any meaningful upside for Crude Oil prices."
  • According to Zacks on Monday, 22 July, "According to data from the U.S. Energy Information Administration, spot prices for West Texas Intermediate Crude Oil rose 11.3% (in second-quarter 2024) from the prior-year reported figure. "

More news about Natural Gas (NG).

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