(VIANEWS) – Natural Gas (NG) is currently on bearish momentum. At 14:50 EST on Thursday, 26 May, Natural Gas (NG) is at $8.79 and 2.07% down since the last session’s close.
Today’s last reported volume for Natural Gas is 1466, 99.99% below its average volume of 7327393293.55.
Natural Gas Range
Regarding Natural Gas’s daily highs and lows, it’s 1.953% down from its trailing 24 hours low of $8.96 and 3.142% down from its trailing 24 hours high of $9.07.
Natural Gas’s last week, last month’s, and last quarter’s current intraday variation average was 1.60%, 0.96%, and 3.42%, respectively.
Natural Gas’s highest amplitude of average volatility was 3.26% (last week), 4.09% (last month), and 3.42% (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).
News about Crude Oil
- WTI crude oil forecast: price rallies into weekend – 23 May 2022. According to DailyForex on Monday, 23 May, "The West Texas Intermediate Crude Oil market initially pulled back a bit on Friday but then found buyers again to break above the $110 level. "
More news about Natural Gas (NG).