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Natural Gas Futures Bearish By 11% In The Last 10 Sessions

Natural Gas Futures Bearish By 11% In The Last 10 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 11.92% for the last 10 sessions. At 11:51 EST on Wednesday, 20 March, Natural Gas (NG) is $1.70.

Volume

Today's last reported volume for Natural Gas is 61672, 99.99% below its average volume of 3528060945.23.

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 find buyers - 19 March 2024. According to DailyForex on Tuesday, 19 March, "The West Texas Intermediate Crude Oil market broke above the $81 level early during trading on Monday, as we continue to see a lot of upward pressure. "
  • According to FXStreet on Monday, 18 March, "West Texas Intermediate (WTI) US Crude Oil prices build on last week's strong gains of nearly 4% and gain some follow-through positive traction on Monday. ", "Nevertheless, the aforementioned fundamental backdrop favours bullish traders and suggests that the path of least resistance for Crude Oil prices remains to the upside. "

More news about Natural Gas (NG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.