Energy Update: Natural Gas Edges Higher 0.87% – RSI at 68
📊 Market Overview
Report Date: November 07, 2025
| Commodity | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Crude Oil (WTI) | $60.12 | +1.07% | $59.62 | $61.35 | $62.42 | $62.83 | 48.13 | -0.11 |
| Natural Gas | $4.38 | +0.87% | $3.96 | $3.92 | $4.12 | $4.46 | 68.06 | 0.09 |
⚡ Crude Oil (WTI)
Technical Analysis
As of the latest trading session, WTI crude oil is priced at $60.12, reflecting a daily increase of 1.07%. The short-term trend is somewhat bearish, as the price remains below the key moving averages (MAs) of 21 ($59.62) and 50 ($61.35), while maintaining a critical resistance level at the MA100 ($62.42) and MA200 ($62.83).
The Relative Strength Index (RSI) at 48.13 indicates that crude oil is currently in a neutral momentum range, suggesting potential for future price movement but without clear direction. The MACD value of -0.11 further supports this, reflecting slight bearish momentum.
Key support is identified around the $59.62 level, with significant resistance at $62.42. A sustained move above this resistance could signal a bullish reversal, while a fall below $59.62 may reinforce bearish sentiment. Overall, cautious sentiment prevails as market participants await
⚡ Natural Gas
Technical Analysis
Natural Gas is currently trading at $4.38, reflecting a daily increase of 0.87%. The price remains above key moving averages, with the 21-day MA at $3.96, indicating a bullish short-term sentiment. The 50-day MA sits at $3.92 and the 100-day MA at $4.12, both suggesting strong underlying support levels. However, the 200-day MA at $4.46 could act as a formidable resistance point in the near term.
The RSI at 68.06 indicates rising momentum but suggests that the asset is nearing overbought territory, which could trigger a corrective pullback. The MACD at 0.09, while positive, indicates a waning momentum. Overall, Natural Gas appears to be in an upward trend but may face short-term resistance around the $4.46 level, necessitating caution for long positions. Traders should watch for bullish momentum to sustain or for signs of reversal as it approaches resistance.
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