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Natural Gas Futures Went Up By Over 16% In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 16.18% for the last 10 sessions. At 23:51 EST on Friday, 9 August, Natural Gas (NG) is $2.16.

Volume

Today’s last reported volume for Natural Gas is 146523, 99.99% below its average volume of 3200367726.24.

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 Zacks on Friday, 9 August, "It recorded Crude Oil processed volumes of 53.8 thousand barrels per day (MBbl/D)."
  • According to FXStreet on Thursday, 8 August, "This, in turn, holds back traders from placing aggressive bullish bets around Crude Oil prices and caps the upside, though geopolitical risks could act as a tailwind.", "This keeps the risk of supply disruptions from the key Oil producing region and continues to offer some support to Crude Oil prices. "

More news about Natural Gas (NG).

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