Natural Gas Futures Went Up By Over 17% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 17.57% for the last 21 sessions. At 14:50 EST on Wednesday, 19 June, Natural Gas (NG) is $2.92.

Volume

Today’s last reported volume for Natural Gas is 36506, 99.99% below its average volume of 3284754788.76.

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 FXStreet on Tuesday, 18 June, "Apart from this, expectations that a drawdown in US inventories will tighten the market in the second half of the year should act as a tailwind for Crude Oil prices.", "Adding to this, the emergence of fresh buying around the US Dollar (USD), which continues to draw support from the Federal Reserve’s (Fed) hawkish outlook, might also contribute to capping gains for Crude Oil prices. "

More news about Natural Gas (NG).

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