| UNG latest price $10.7300 (-2.01%) ($10.6350 - $10.8800) on Wed. Jul. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 57 |
Latest Price | $10.7300(-2.01%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.9% a day on average for past five trading days. |
Weekly Trend | UNG advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(27%) XLE(18%) VYM(16%) USO(15%) XLB(15%) |
Factors Impacting UNG price | UNG will decline at least -1.875% in a week (0% probabilities). VIXM(-8%) DRIV(-4%) 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 | -1.875% (StdDev 3.75%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.2% |
| |
|
|