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Natural Gas Futures Bullish Momentum With A 23% Rise In The Last 21 Sessions

Natural Gas Futures Bullish Momentum With A 23% Rise In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 23.22% for the last 21 sessions. At 14:52 EST on Wednesday, 8 May, Natural Gas (NG) is $2.18.

Volume

Today's last reported volume for Natural Gas is 131864, 99.99% below its average volume of 3391375779.58.

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).

Previous days news about Natural Gas (NG)

  • Natural gas eases as traders engage in profit-taking after steep surge. According to FXStreet on Tuesday, 7 May, "Meanwhile, Australian Liquified Natural Gas (LNG) exports are expected to drop substantially with Chevron's Gorgon plant remaining offline for at least five weeks."

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.