(VIANEWS) – Natural Gas (NG) has been up by 16.71% for the last 21 sessions. At 20:56 EST on Thursday, 18 May, Natural Gas (NG) is $2.60.
Volume
Today’s last reported volume for Natural Gas is 1510, 99.99% below its average volume of 4633381656.02.
Volatility
Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.60%, a negative 0.24%, and a positive 4.19%, respectively.
Natural Gas’s highest amplitude of average volatility was 1.59% (last week), 2.85% (last month), and 4.19% (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).
Previous days news about Natural Gas (NG)
- Natural gas price forecast: xng/usd pauses pullback from two-month high near $2.50 on cautious optimism. According to FXStreet on Wednesday, 17 May, "Looking ahead, a light calendar may allow the XNG/USD to pare recent losses ahead of the weekly release of the US Energy Information Administration’s (EIA) Natural Gas Storage Change data, prior 78B. ", "Adding to the Natural Gas market’s pessimism are concerns about higher supplies from Russia and the renewal of European gas flows."
- Natural gas price analysis: xng/usd grinds between 50-ema and crucial resistance line near $2.50. According to FXStreet on Thursday, 18 May, "In a case where the Natural Gas price remains weaker past $2.43, a quick fall to the early month top of $2.40 can’t be ruled out.", "Though, the aforementioned channel’s top line, close to $2.68 at the latest, may challenge the Natural Gas buyers afterward."
More news about Natural Gas (NG).
