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MRCI's Futures Highlight - Natural Gas(NYM)

MRC Logo
MRCI's Futures Highlight - Natural Gas(NYM)

MRCI hopes this profile of the NYM Natural Gas futures contract, with its statistics and feature studies, will help you derive wise trading decisions from its presentation of long-term perspective, computer analysis, and historical background. This additional history is designed to complement the body of knowledge contained in any seasonal patterns and strategies published. The weekly and monthly charts on this page depict prices for nearby contracts, which most closely reflect the underlying cash market.

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved
Some data provided by Commodity Research Bureau

The table below offers a statistical analysis of historical daily trading in the NYM Natural Gas futures. The average range for each day of the week in each year and overall has been computed for purposes of comparison and further insight into the dynamics of this market.

MRCI's Nearby Futures Range Detail for Natural Gas(NYM)
from 1/1990 - 3/2024
Calendar
Year
Monday
Avg Rng
Tuesday
Avg Rng
Wednesday
Avg Rng
Thursday
Avg Rng
Friday
Avg Rng
Yearly
Avg Rng
1990 0.037($367) 0.036($360) 0.035($346) 0.035($352) 0.035($349) 0.035($354)
1991 0.031($312) 0.027($273) 0.032($315) 0.033($326) 0.028($276) 0.030($300)
1992 0.059($586) 0.061($614) 0.061($608) 0.060($595) 0.057($573) 0.060($596)
1993 0.082($823) 0.077($769) 0.066($655) 0.065($648) 0.057($565) 0.069($692)
1994 0.069($693) 0.064($641) 0.066($665) 0.066($656) 0.061($611) 0.065($653)
1995 0.056($565) 0.055($553) 0.063($632) 0.061($606) 0.053($531) 0.058($578)
1996 0.149($1486) 0.129($1288) 0.115($1149) 0.134($1337) 0.129($1292) 0.131($1308)
1997 0.128($1281) 0.112($1120) 0.103($1032) 0.126($1260) 0.113($1134) 0.116($1164)
1998 0.109($1095) 0.095($952) 0.093($927) 0.093($935) 0.090($905) 0.096($962)
1999 0.101($1014) 0.088($877) 0.078($781) 0.113($1132) 0.096($957) 0.095($950)
2000 0.231($2313) 0.194($1935) 0.247($2466) 0.204($2043) 0.187($1867) 0.212($2123)
2001 0.233($2333) 0.226($2264) 0.288($2885) 0.207($2072) 0.187($1870) 0.228($2284)
2002 0.183($1826) 0.147($1472) 0.163($1633) 0.220($2203) 0.142($1420) 0.171($1709)
2003 0.350($3500) 0.280($2800) 0.276($2761) 0.330($3299) 0.234($2345) 0.294($2939)
2004 0.323($3230) 0.266($2664) 0.284($2837) 0.319($3186) 0.215($2153) 0.282($2818)
2005 0.482($4818) 0.397($3974) 0.414($4137) 0.460($4596) 0.361($3606) 0.422($4216)
2006 0.468($4679) 0.372($3718) 0.423($4230) 0.438($4380) 0.344($3444) 0.408($4077)
2007 0.333($3333) 0.291($2908) 0.286($2864) 0.310($3099) 0.295($2945) 0.303($3027)
2008 0.394($3944) 0.380($3802) 0.383($3831) 0.447($4474) 0.355($3551) 0.392($3918)
2009 0.256($2557) 0.229($2291) 0.228($2277) 0.303($3026) 0.254($2538) 0.254($2535)
2010 0.200($1996) 0.166($1660) 0.165($1653) 0.223($2226) 0.160($1600) 0.182($1824)
2011 0.137($1366) 0.125($1254) 0.115($1150) 0.171($1709) 0.120($1196) 0.133($1333)
2012 0.133($1329) 0.127($1275) 0.122($1217) 0.146($1463) 0.113($1131) 0.128($1282)
2013 0.116($1159) 0.102($1022) 0.098($982) 0.143($1433) 0.098($978) 0.111($1113)
2014 0.177($1765) 0.151($1508) 0.162($1619) 0.181($1815) 0.134($1337) 0.161($1607)
2015 0.108($1080) 0.097($970) 0.105($1046) 0.126($1263) 0.095($947) 0.106($1062)
2016 0.112($1123) 0.109($1090) 0.102($1018) 0.115($1148) 0.098($985) 0.107($1072)
2017 0.109($1089) 0.109($1086) 0.092($923) 0.106($1059) 0.085($846) 0.100($999)
2018 0.125($1250) 0.104($1045) 0.123($1227) 0.120($1197) 0.112($1117) 0.117($1166)
2019 0.105($1050) 0.084($842) 0.084($836) 0.088($883) 0.093($932) 0.091($907)
2020 0.146($1456) 0.123($1234) 0.118($1178) 0.122($1215) 0.110($1097) 0.123($1234)
2021 0.237($2367) 0.204($2041) 0.198($1975) 0.191($1914) 0.172($1720) 0.200($1999)
2022 0.548($5482) 0.514($5143) 0.513($5130) 0.523($5228) 0.449($4485) 0.508($5085)
2023 0.169($1692) 0.170($1701) 0.167($1673) 0.165($1652) 0.153($1525) 0.165($1648)
2024 0.143($1429) 0.175($1749) 0.133($1327) 0.151($1514) 0.133($1328) 0.147($1474)

What other characteristics do NYM Natural Gas futures exhibit for various days of the week? We ran various studies for the last 180 calendar days of trading prior to trading prior to expiration for each contract.

MRCI's Nearby Futures Summary for Natural Gas(NYM)
from 1/1990 - 3/2024
Summary
Item
Monday
Summary
Tuesday
Summary
Wednesday
Summary
Thursday
Summary
Friday
Summary
Yearly
Summary
Range 0.191($1909) 0.169($1691) 0.174($1737) 0.191($1905) 0.156($1565) 0.176($1760)
Closed Up 786(49%) 886(50%) 841(48%) 794(46%) 812(48%) 4119(48%)
Closed Dn 799(50%) 852(49%) 897(51%) 917(53%) 862(51%) 4327(51%)
Closed Uchg 16(1%) 17(1%) 17(1%) 12(1%) 18(1%) 80(1%)
Gapped up 236(15%) 134(8%) 136(8%) 131(8%) 101(6%) 738(9%)
Un-filled Gaps Up 97(41%) 33(25%) 37(27%) 37(28%) 28(28%) 232(31%)
Gapped Down 333(21%) 179(10%) 129(7%) 142(8%) 141(8%) 924(11%)
Un-filled Gaps Down 145(44%) 62(35%) 41(32%) 50(35%) 30(21%) 328(35%)

Daily Percent Change Summary for Natural Gas(NYM)

UNCH
>0%-
<1%
+1%-
<2%
+2%-
<3%
+3%-
<4%
+4%-
<5%
+5%-
<6%
+6%-
<7%
+7%-
<8%
+8%-
<9%
+9%-
<10%
+10%-
<20%

>+20%
80 1240 1064 687 427 243 182 88 64 47 29 47 1
<0%-
>-1%
-1%-
>-2%
-2%-
>-3%
-3%-
>-4%
-4%-
>-5%
-5%-
>-6%
-6%-
>-7%
-7%-
>-8%
-8%-
>-9%
-9%-
>-10%
-10%-
>-20%

<-20%
1314 1052 739 489 305 148 112 72 37 17 42 0

The table below represents yearly low, high, last yield in the cash market for the NYM Natural Gas futures contracts. Quotes are from daily cash market price activity.

Henry Hub Natural Gas - Mar 28, 2024
  Period Low(Jan-Dec) Period High(Jan-Dec) Last Day Average
Year Date Price Date Price Date Price Price
2023 06/02/2023 1.740 01/09/2023 3.910 12/29/2023 2.580 2.539
2022 11/09/2022 3.460 08/22/2022 9.850 12/30/2022 4.475 6.446
2021 04/05/2021
04/07/2021
2.430 02/17/2021 23.860 12/31/2021 3.820 3.900
2020 09/21/2020 1.330 10/26/2020
10/28/2020
3.140 12/31/2020 2.360 2.035
2019 12/27/2019 1.750 01/16/2019
01/17/2019
3.580 12/31/2019 2.090 2.557
2018 02/15/2018
02/16/2018
2.490 01/02/2018
01/03/2018
6.240 12/31/2018 2.942 3.166
2017 02/27/2017 2.440 12/29/2017 3.690 12/29/2017 3.690 2.997
2016 03/04/2016 1.490 12/07/2016 3.800 12/30/2016 3.710 2.521
2015 12/23/2015
12/24/2015
1.630 01/15/2015 3.290 12/31/2015 2.280 2.625
2014 12/24/2014
12/26/2014
2.760 03/04/2014 7.775 12/31/2014 3.000 4.338
2013 01/10/2013 3.074 12/23/2013 4.508 12/31/2013 4.315 3.733
2012 04/19/2012 1.831 11/26/2012 3.765 12/31/2012 3.430 2.756
2011 11/23/2011 2.925 06/09/2011
06/10/2011
4.915 12/30/2011 2.963 3.992
2010 10/22/2010 3.170 01/08/2010 6.480 12/31/2010 4.225 4.366
2009 09/04/2009 1.920 01/06/2009 6.095 12/31/2009 5.805 3.955
2008 12/23/2008 5.400 07/02/2008 13.275 12/31/2008 5.620 8.842
2007 08/27/2007 5.350 02/14/2007
02/15/2007
8.860 12/31/2007 7.465 6.978
2006 09/29/2006 3.655 01/03/2006 9.945 12/29/2006 5.475 6.722
2005 01/03/2005
01/04/2005
5.560 12/13/2005 15.410 12/30/2005 9.435 8.936
2004 09/07/2004 4.385 10/28/2004 7.960 12/31/2004 6.185 5.898
2003 10/31/2003 3.965 02/24/2003
02/25/2003
12.200 12/31/2003 5.825 5.465
2002 01/29/2002 1.980 12/17/2002 5.250 12/31/2002 4.585 3.372
2001 11/16/2001 1.695 01/08/2001 10.295 12/31/2001 2.720 3.953
2000 01/04/2000 2.140 12/21/2000
12/22/2000
10.500 12/29/2000 10.415 4.338
1999 03/01/1999 1.645 08/25/1999 3.075 12/30/1999 2.305 2.270

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