Natural Gas Futures Went Up By Over 14% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 14.04% for the last 21 sessions. At 08:52 EST on Friday, 31 May, Natural Gas (NG) is $2.53.

Volume

Today’s last reported volume for Natural Gas is 23710, 99.99% below its average volume of 3288087143.55.

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 eases back on Wednesday, WTI falls back below $79 per barrel. According to FXStreet on Wednesday, 29 May, "US Crude Oil production, meanwhile, continues to threaten to swamp out demand, and barrel traders are looking ahead to US Crude Oil barrel counts due this week.", "WTI US Crude Oil fell back under $80.00 per barrel on Wednesday, and crossing below the 200-day Exponential Moving Average (EMA) at $79.16. "
  • According to FXStreet on Wednesday, 29 May, "At the time of writing, Crude Oil (WTI) trades at $80.33 and Brent Crude at $84.62."
  • According to FXStreet on Friday, 31 May, "At the time of writing, Crude Oil (WTI) trades at $77.77and Brent Crude at $81.93"

More news about Natural Gas (NG).

Leave a Reply

Your email address will not be published. Required fields are marked *