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Natural Gas Futures Went Up By Over 5% In The Last 10 Sessions

ViaNews Editorial Team

December 23, 2023

Natural Gas Futures Went Up By Over 5% In The Last 10 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 5.64% for the last 10 sessions. At 19:51 EST on Friday, 22 December, Natural Gas (NG) is $2.56.

Volume

Today's last reported volume for Natural Gas is 16155, 99.99% below its average volume of 3735584727.51.

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 overbought (>=80).

Previous days news about Natural Gas (NG)

  • Natural gas forecast: faces resistance at $2.50 amidst bearish sentiment - 20 December 2023. According to DailyForex on Wednesday, 20 December, "The Natural Gas market experienced a modest decline during the latest trading session, with the $2.50 level acting as a formidable barrier to further upward movement. ", "At the end of the day, the Natural Gas market grapples with resistance at the $2.50 level amid an overall bearish backdrop. "
  • 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. "

News about

  • Crude oil forecast: rallies again - 21 December 2023. According to DailyForex on Thursday, 21 December, "In the Brent Crude Oil market, prices breached the $80 level during Wednesday's trading session, drawing closer to the 50-Day EMA. ", "The West Texas Intermediate (WTI) Crude Oil market witnessed a significant rally during Wednesday's trading session. "

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.