Natural Gas (NG1) Down $0.01 Over Past 4 Hours, 2 Day Up Streak Snapped; in a Downtrend Over Past 14 Days

Natural Gas 4 Hour Price Update

Updated March 24, 2021 01:53 AM GMT (09:53 PM EST)

2.598 was the closing price of the four-hour candle for Natural Gas, resulting in the current 4 hour candle being one in which price moved down 0.23% ($0.01) from the previous 4 hours. Relative to other instruments in the energy commodity asset class, Natural Gas ranked 5th since the previous 4 hours in terms of percentage price change.

Natural Gas Daily Price Recap

Natural Gas entered today at $2.508, down 2.87% ($0.07) from yesterday. Relative to other instruments in the energy commodity asset class, Natural Gas ranked 2nd since yesterday in terms of percentage price change. Here is a daily price chart of Natural Gas.

NG1

Natural Gas Technical Analysis

Notably, Natural Gas is now close to its 200 day averages, located at 2.48 respectively, and thus may be at a key juncture along those timeframes. Volatility for Natural Gas has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 30 days Natural Gas’s price has gone down 19 them.