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Natural Gas Futures Went Up By Over 15% In The Last 5 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 15.96% for the last 5 sessions. At 04:52 EST on Sunday, 26 February, Natural Gas (NG) is $2.59.

Volume

Today’s last reported volume for Natural Gas is 156625, 99.99% below its average volume of 5181962336.42.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.97%, a negative 2.51%, and a positive 5.42%, respectively.

Natural Gas’s highest amplitude of average volatility was 4.54% (last week), 5.37% (last month), and 5.42% (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 oversold (<=20).

News about

  • According to FXStreet on Friday, 24 February, "Apart from this, an intraday pullback in Crude Oil prices undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair."
  • WTI crude oil forecast: continues to chop back and forth – 24 February 2023. According to DailyForex on Friday, 24 February, "On the other hand, the $72.50 level is providing crucial support for the WTI Crude Oil market at present. ", "Nevertheless, it is worth noting that WTI Crude Oil is the preferred oil grade in the US, and the Strategic Petroleum Reserve must be refilled, which may provide some support to the market. "

More news about Natural Gas (NG).

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