| UNG latest price $12.2300 (-2.86%) ($12.1700 - $13.0100) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 69 |
Latest Price | $12.2300(-2.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 3.1% a day on average for past five trading days. |
Weekly Trend | UNG advances 10% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -1.96% in a week (0% probabilities). VIXM(-8%) 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 | -1.96% (StdDev 3.92%) |
Hourly BBV | -1.4 () |
Intraday Trend | -5.7% |
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