Natural Gas (NG1) Down $0.01 On 4 Hour Chart, Tops All energy commodity; in an Uptrend Over Past 14 Days

Natural Gas 4 Hour Price Update

Updated April 23, 2021 01:54 AM GMT (09:54 PM EST)

The back and forth price flow continues for Natural Gas, which started the current 4 hour candle off at 2.598 US dollars, down 0.23% ($0.01) from the last 4 hour candle. Out of the 6 instruments in the energy commodity asset class, Natural Gas ended up ranking 5th for the four-hour candle in terms of price change relative to the last 4 hour candle.

Natural Gas Daily Price Recap

The back and forth price flow continues for Natural Gas, which started today off at 2.749 US dollars, up 2.12% ($0.06) from the day prior. Natural Gas outperformed all 6 assets in the energy commodity asset class since the day prior. Congrats to its holders! Let’s take a look at the daily price chart of Natural Gas.

NG1

Natural Gas Technical Analysis

Moving average crossovers are always interesting, so let’s start there: Natural Gas crossed above its 50 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Natural Gas’s price has gone up 17 of the previous 30 trading days.