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Natural Gas Futures Went Down By Over 18% In The Last 21 Sessions

ViaNews Editorial Team

December 10, 2023

Natural Gas Futures Went Down By Over 18% In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 18.73% for the last 21 sessions. At 22:50 EST on Saturday, 9 December, Natural Gas (NG) is $2.55.

Volume

Today's last reported volume for Natural Gas is 154274, 99.99% below its average volume of 3883393230.99.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was a negative 3.37%, a negative 1.07%, and a positive 2.51%, respectively.

Natural Gas's highest amplitude of average volatility was 3.37% (last week), 2.41% (last month), and 2.51% (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 set to sink to $2 as oversupply lingers. According to FXStreet on Thursday, 7 December, "Sentiment could quickly change overnight, when for example Gaza tensions do spill over into the wider Middle East, or should a severe winter erode all European Gas reserves ahead of spring, Natural Gas could edge up to $3.00 as the level to watch. "

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.