Natural Gas Futures Went Down By Over 25% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 25.9% for the last 21 sessions. At 13:51 EST on Sunday, 25 February, Natural Gas (NG) is $1.58.

Volume

Today’s last reported volume for Natural Gas is 43961, 99.99% below its average volume of 3626828468.35.

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 falls back into familiar bottoms on Friday pullback, WTI cracks $77.00 once again. According to FXStreet on Friday, 23 February, "WTI is set to wrap up the trading week near $76.50, a region that US Crude Oil has been struggling to break from since rising into the zone on February 9.", "US Crude Oil is building out a rough consolidation pattern in the near-term, with a technical resistance zone marked in just below $79.00."
  • WTI crude oil weekly forecast: prices turn lower towards near-term support – 25 February 2024. According to DailyForex on Sunday, 25 February, "The 76.000 to 79.000 price range in WTI Crude Oil has been rather durable the past couple of weeks. ", "WTI Crude Oil also tested lows on Wednesday of last week before the brief run higher it should be noted."
  • According to FXStreet on Friday, 23 February, "WTI prices edge higher as the EIA Crude Oil stockpiles report came in just below forecasts and the geopolitical tensions in the Middle East remain uncertain. "

More news about Natural Gas (NG).

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