Natural Gas trades below its 50-day moving average - CME
On Jul 09, 08:56 AM, Natural Gas traded below its 50-day moving average. This has occurred 21 times over the last 12 months. 62% (13 out of these 21 times), the price has decreased 5 hours later by an average of 0.0404 points. The maximum decrease in price has been 0.088 points. 8 times out of 21, the price has increased 5 hours later by an average of 0.0356 points. The maximum price increase has been 0.087 points. View Full Market Alert
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On Jul 09, 08:56 AM, Natural Gas price declined 3% from its previous close.
This has occurred 84 times over the last 12 months.
54% (45 out of these 84 times), the price has increased 4 hours later by an average of 0.0355 points.
The maximum price increase has been 0.132 points.
39 times out of 84, the price has decreased 4 hours later by an average of 0.0649 points.
The maximum decrease in price has been 0.509 points.
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