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Natural Gas Futures Falls By 28% In The Last 21 Sessions

ViaNews Editorial Team

February 14, 2024

Natural Gas Futures Falls By 28% In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 28.22% for the last 21 sessions. At 07:52 EST on Wednesday, 14 February, Natural Gas (NG) is $1.67.

Volume

Today's last reported volume for Natural Gas is 18781, 99.99% below its average volume of 3618723344.89.

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 starts the week in the red on temperatures increase in Europe. According to FXStreet on Monday, 12 February, "In case Natural Gas sees sudden demand pick up, possibly $2.40 could come into play.", "On the upside, Natural Gas is facing some pivotal technical levels to get back to. "

News about

  • Crude oil forecast: continues to build a case for buying - 12 February 2024. According to DailyForex on Monday, 12 February, "In the WTI Crude Oil market, there was a slight pullback observed on Friday, but it appears to be part of a broader pattern of sustained bullishness that began on Thursday. "

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.