| UNG latest price $10.8600 (2.45%) ($10.6200 - $11.0400) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 55 |
Latest Price | $10.8600(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 1.9% a day on average for past five trading days. |
Weekly Trend | UNG advances 1.2% 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(26%) XLE(18%) VYM(16%) USO(14%) XLB(14%) |
Factors Impacting UNG price | UNG will decline at least -1.76% in a week (0% probabilities). VIXM(-7%) DRIV(-5%) IGOV(-3%) VXX(-2%) UUP(-2%) |
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 | -1.76% (StdDev 3.52%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.7% |
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