CME Group sets new natural gas futures open interest record after stock ends session down 3%

CME Group sets new natural gas futures open interest record after stock ends session down 3%
CME Group stock falls 3% today

CME Group Inc. reported a new open interest record for Henry Hub Natural Gas futures, reaching 1,807,497 contracts. The stock is down 3% on the day at $277.77.

CME price prediction
24H -0.9%
$306.5
48H -1.07%
$305.97
7D -0.2%
$308.65
1M 7.82%
$333.44
3M 10.06%
$340.39
6M 21.19%
$374.8
12M 8.19%
$334.61
Current price: $309.27 4.75 1.56%
Real-time Data 12:38
Daily range 303.77 Arrow from to Icon 307.87
Weekly range 300.52 Arrow from to Icon 311.71
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Highlights

  • Henry Hub Natural Gas futures open interest hit a record 1,807,497 contracts according to CME Group.
  • CME Group stock is down 3% on the day at $277.77.
  • 33 of 64 analysts rate CME Group a buy, with the latest JP Morgan target set at $250 and an underweight rating.

Henry Hub Natural Gas (NG) futures set a new open interest record on September 1. The record reached 1,807,497 contracts, surpassing the previous high of 1,801,183 contracts established in November 2024. The announcement came from CME Group itself.

Upside momentum stalls as MA-200 turns into price resistance

Price lost the MA-200 at $278.82 during the session after closing above it. The chart now shows CME Group stock just below the MA-200, with support from the MA-20 and MA-50 creating a split structure. RSI at 71.6 is deep in overbought territory, limiting room for further upside and suggesting that buyers may be running into resistance here.

Upside odds dominate as price eyes weekly range top

A close above $278.82 would show buyers are willing to follow through. Price briefly moved above that level but could not hold it through the session. Still, over the next five trading days, the probability of an upside move is 78%, with downside risk at 22%, and CME Group shares are expected to trade in a $273.53 to $282 range. A drop below $272.19 would show the move is being faded. On the weekly chart the longer-term picture stays constructive.

Previously it was reported that CME Group's trading volumes remained robust amid a period of heightened volatility and unresolved trend direction. The latest record in Henry Hub Natural Gas futures open interest adds further depth to CME’s derivatives leadership, with the next key level for traders to monitor now set at $278.82.

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