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Natural Gas Futures Bullish Momentum With A 14% Rise In The Last 10 Sessions

ViaNews Editorial Team

December 24, 2023

Natural Gas Futures Bullish Momentum With A 14% Rise In The Last 10 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 14.5% for the last 10 sessions. At 22:50 EST on Saturday, 23 December, Natural Gas (NG) is $2.61.

Volume

Today's last reported volume for Natural Gas is 39974, 99.99% below its average volume of 3832841947.67.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was a positive 0.30%, a negative 1.21%, and a positive 2.65%, respectively.

Natural Gas's highest amplitude of average volatility was 1.74% (last week), 2.67% (last month), and 2.65% (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).

Previous days news about Natural Gas (NG)

  • Natural gas jumps over 2% with red sea tensions lingering into Christmas. According to FXStreet on Thursday, 21 December, "On the upside, Natural Gas could still try to return to the purple line near $2.60 as the first hurdle. "

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.