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Natural Gas Futures Went Up By Over 7% In The Last 10 Sessions

ViaNews Editorial Team

September 3, 2023

Natural Gas Futures Went Up By Over 7% In The Last 10 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 7.93% for the last 10 sessions. At 11:50 EST on Sunday, 3 September, Natural Gas (NG) is $2.76.

Volume

Today's last reported volume for Natural Gas is 120340, 99.99% below its average volume of 4261501956.78.

Volatility

Natural Gas's last week, last month's, and last quarter's current intraday variation average was 2.88%, 0.47%, and 2.40%, respectively.

Natural Gas's highest amplitude of average volatility was 4.11% (last week), 2.64% (last month), and 2.40% (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 oversold (<=20).

Previous days news about Natural Gas (NG)

  • Natural gas price analysis: xng/usd grinds at multi-day top, focus on $3.05 and US employment data. According to FXStreet on Friday, 1 September, "In a case where the Natural Gas Price remains weak below $2.86, the energy instrument confirms a rising wedge bearish chart formation suggesting a theoretical target of $1.79.", "That said, the sluggish MACD signals and upbeat RSI suggest fewer hardships for the Natural Gas buyers unless the quote stays beyond a one-week-old rising support line, close to $2.86 by the press time."

News about

  • According to FXStreet on Friday, 1 September, "At the time of writing, Crude Oil (WTI) price trades at $83.55 per barrel and Brent Oil at $86.98."

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.