Natural Gas 4 Hour Price Update
Updated April 30, 2021 01:53 AM GMT (09:53 PM EST)
Natural Gas entered the current 4 hour candle at $2.598, 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
Natural Gas is down 1.66% ($0.05) since the previous day, marking a reversal from the day prior — and the end of a 3 day positive run. On a relative basis, Natural Gas was the worst performer out of all 6 of the assets in the energy commodity asset class today. Below is a daily price chart of Natural Gas.
Natural Gas Technical Analysis
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 9 of the previous 14 trading days.