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Natural Gas Futures Went Up By Over 5% In The Last 10 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 5.64% for the last 10 sessions. At 19:51 EST on Friday, 22 December, Natural Gas (NG) is $2.56.

Volume

Today’s last reported volume for Natural Gas is 16155, 99.99% below its average volume of 3735584727.51.

Volatility

Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.30%, a negative 1.21%, and a positive 2.65%, respectively.

Natural Gas’s highest amplitude of average volatility was 1.74% (last week), 2.67% (last month), and 2.65% (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).

Previous days news about Natural Gas (NG)

  • Natural gas forecast: faces resistance at $2.50 amidst bearish sentiment – 20 December 2023. According to DailyForex on Wednesday, 20 December, "The Natural Gas market experienced a modest decline during the latest trading session, with the $2.50 level acting as a formidable barrier to further upward movement. ", "At the end of the day, the Natural Gas market grapples with resistance at the $2.50 level amid an overall bearish backdrop. "
  • Natural gas jumps over 2% with red sea tensions lingering into Christmas. According to FXStreet on Thursday, 21 December, "On the upside, Natural Gas could still try to return to the purple line near $2.60 as the first hurdle. "

News about

  • Crude oil forecast: rallies again – 21 December 2023. According to DailyForex on Thursday, 21 December, "In the Brent Crude Oil market, prices breached the $80 level during Wednesday’s trading session, drawing closer to the 50-Day EMA. ", "The West Texas Intermediate (WTI) Crude Oil market witnessed a significant rally during Wednesday’s trading session. "

More news about Natural Gas (NG).

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