| UNG latest price $11.7900 (-3.76%) ($11.6400 - $12.4150) on Wed. May. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 40 |
Latest Price | $11.7900(-3.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.8% a day on average for past five trading days. |
Weekly Trend | UNG declines -7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(25%) XLE(17%) VYM(16%) XLB(15%) USO(14%) |
Factors Impacting UNG price | UNG will decline at least -2.01% in a week (0% probabilities). VIXM(-8%) DRIV(-3%) VXX(-2%) UUP(-2%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.01% (StdDev 4.02%) |
Hourly BBV | -1.9 () |
Intraday Trend | -4.6% |
| |
|
|