Natural Gas 4 Hour Price Update
Updated July 15, 2021 02:01 AM GMT (10:01 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 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 came into today down 0.97% ($0.04) from the open of yesterday, marking the 2nd day in a row a decline has happened. Out of the 6 instruments in the energy commodity asset class, Natural Gas ended up ranking 2nd for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of Natural Gas.
Natural Gas Technical Analysis
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 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Natural Gas’s price has gone up 20 of the previous 30 trading days.