This NATGAS analysis reviews the commodity from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the Natural Gas price changes.
NATGAS Analysis & Live Chart
Natural Gas Fundamental Analysis
Bloomberg—US natural gas futures dropped to $3.0/MMBtu, marking a five-month low. Gas prices in major European and Asian hubs also declined, influenced by high supply levels and uncertain demand due to global economic challenges.
New data revealed that gas production in the Lower 48 states reached a record 106.6 billion cubic feet per day in April. This coincided with warmer-than-usual weather, expected to last until early May, which lowered the need for heating as northern states shift from winter.
Additionally, economic pressures in China from the ongoing trade tensions with the US caused a 20% drop in LNG imports, while lower coal prices led India to reduce LNG use.
NATGAS Support and Resistance Levels
| Support | 2.85 | 2.74 | 2.52 |
| Resistance | 3.08 | 3.43 | 3.66 |
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