| UNG latest price $10.6000 (2.02%) ($10.5200 - $10.7400) on Fri. Jul. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.73% (three month average) |
RSI | 54 |
Latest Price | $10.6000(2.02%) |
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 4.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(26%) XLE(18%) VYM(16%) USO(15%) XLB(15%) |
Factors Impacting UNG price | UNG will decline at least -1.865% 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 | -1.865% (StdDev 3.73%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
| |
|
|