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Natural Gas Futures Went Up By Over 8% In The Last 21 Sessions

ViaNews Editorial Team

August 20, 2024

Natural Gas Futures Went Up By Over 8% In The Last 21 Sessions
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(VIANEWS) - Natural Gas (NG) has been up by 8.72% for the last 21 sessions. At 11:50 EST on Tuesday, 20 August, Natural Gas (NG) is $2.18.

Volume

Today's last reported volume for Natural Gas is 78184, 99.99% below its average volume of 3150557763.64.

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 Monday, 19 August, "That said, a softer tone around Crude Oil prices could undermine the commodity-linked Loonie and hold back traders from placing fresh bearish bets ahead of this week's data/central bank event risk.", "Furthermore, geopolitical developments in the Middle East, which tend to drive Crude Oil prices, should provide some impetus to the USD/CAD pair and determine the next leg of a directional move."

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.