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Natural Gas Futures Bullish Momentum With A 31% Jump In The Last 21 Sessions

Natural Gas Futures Bullish Momentum With A 31% Jump In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 31.42% for the last 21 sessions. At 20:52 EST on Thursday, 9 May, Natural Gas (NG) is $2.32.

Volume

Today's last reported volume for Natural Gas is 2063, 99.99% below its average volume of 3366699108.07.

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

  • According to FXStreet on Wednesday, 8 May, "Oil traders willshift their focus tothe EIA Crude Oil stockpiles report duelateron Wednesday. "
  • According to FXStreet on Wednesday, 8 May, "Oil traders will shift their focus to the US Crude Oil Stocks Change due later on Wednesday. "
  • According to FXStreet on Wednesday, 8 May, "The underlying bullish tone around the US Dollar (USD) might continue to weigh on Crude Oil prices"

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.