Natural Gas (NG1) Down $0.01 in Last 4 Hours, Entered Today Down 0.38%; But Still in an Uptrend Over Past 90 Days

Natural Gas 4 Hour Price Update

Updated July 12, 2021 01:52 AM GMT (09:52 PM EST)

The choppiness in the recent four-hour candle price action of Natural Gas continues; to start the current 4 hour candle, it came in at a price of 2.598 US dollars, down 0.23% ($0.01) since the last 4 hour candle. Relative to other instruments in the energy commodity asset class, Natural Gas ranked 5th since the last 4 hour candle in terms of percentage price change.

Natural Gas Daily Price Recap

3.674 was the closing price of the day for Natural Gas, resulting in today being one in which price moved down 0.38% ($0.01) from the day prior. Those trading within the energy commodity asset class should know that Natural Gas was the worst performer in the class today. Below is a daily price chart of Natural Gas.

NG1

Natural Gas Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 7 out of the past 10 days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.