| UNG latest price $10.3900 (-3.17%) ($10.3800 - $11.0080) on Thu. Jul. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 53 |
Latest Price | $10.3900(-3.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 1% a day on average for past five trading days. |
Weekly Trend | UNG advances 3.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.875% (StdDev 3.75%) |
Hourly BBV | -1.7 () |
Intraday Trend | -5.2% |
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