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Natural Gas Futures Bullish By 24% In The Last 21 Sessions

Natural Gas Futures Bullish By 24% In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 24.75% for the last 21 sessions. At 11:52 EST on Tuesday, 28 May, Natural Gas (NG) is $2.53.

Volume

Today's last reported volume for Natural Gas is 22991, 99.99% below its average volume of 3345832032.75.

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 stretches gains, WTI tests $78.50 ahead of inflation data and looming opec+ meeting. According to FXStreet on Monday, 27 May, "US Crude Oil rebounded on Monday, extending a near-term rebound from the $76.00 handle, however, bullish momentum faces immediate technical resistance at the $80.00 price level. ", "Last week's US Crude Oil supply tracking saw yet another unexpected buildup of US barrel counts. "

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.