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Natural Gas Futures Bearish By 14% In The Last 5 Sessions

Natural Gas Futures Bearish By 14% In The Last 5 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 14.42% for the last 5 sessions. At 04:53 EST on Thursday, 9 March, Natural Gas (NG) is $2.58.

Volume

Today's last reported volume for Natural Gas is 7324, 99.99% below its average volume of 4975005070.27.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was a negative 0.22%, a positive 0.40%, and a positive 5.38%, respectively.

Natural Gas's highest amplitude of average volatility was 5.47% (last week), 5.04% (last month), and 5.38% (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: decent support emerges around $2.50. According to FXStreet on Tuesday, 7 March, "At the moment, Natural Gas prices are advancing 1.40% at $2.608 and faces the next up-barrier at $3.009 (monthly high March 3) seconded by $3.182 (Fibo retracement) and finally $3.410 (55-day SMA). "

News about

  • According to FXStreet on Tuesday, 7 March, "The latest optimism over a fuel demand recovery in China pushes Crude Oil prices to the highest level since last January, which, in turn, underpins the commodity-linked Loonie. "
  • According to FXStreet on Wednesday, 8 March, "It should be noted that the slump in the Oil price ignored a surprise draw in the Weekly Crude Oil Stock details from the American Petroleum Institute (API), an industry source. "

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.