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Natural Gas Futures Went Up By Over 8% In The Last 21 Sessions

(VIANEWS) – Natural Gas (NG) has been up by 8.75% for the last 21 sessions. At 05:56 EST on Wednesday, 10 April, Natural Gas (NG) is $1.91.

Volume

Today’s last reported volume for Natural Gas is 11147, 99.99% below its average volume of 3460215741.97.

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

  • Crude oil forecast: continues to power higher – 08 April 2024. According to DailyForex on Monday, 8 April, "The West Texas Intermediate Crude Oil market initially pulled back during the day on Friday as we were waiting for the jobs number. ", "At this point, I fully anticipate that the WTI Crude Oil marketers looking to the $87.50 level next, followed by the $90 level above."
  • According to FXStreet on Tuesday, 9 April, "As investors look past the disappointing Canadian employment details released last Friday, the overnight goodish intraday rise in Crude Oil prices is seen underpinning the commodity-linked Loonie and acting as a headwind for the USD/CAD pair. "

More news about Natural Gas (NG).

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