NATGAS prices are down 4.2% today and are breaking below the 200-day EMA (golden line on the chart below), negating the technical uptrend. Demand relative to available supply of the commodity in the US is still very low, which is why natural gas is struggling to maintain bullish momentum.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appAs EIA data shows, the gas market is currently oversupplied at its highest point since November 2024. Source: EIA, S&P Global
Overall inventories remain close to the 5-year average. Source: EIA
NATGAS is breaking below the 200-day EMA, negating the long-term uptrend. xStation
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
