| UNG latest price $12.5000 (2.21%) ($12.2010 - $12.5100) on Thu. Aug. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 67 |
Latest Price | $12.5000(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.4% a day on average for past five trading days. |
Weekly Trend | UNG advances 8.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(26%) XLE(18%) USO(15%) VYM(15%) XLB(15%) |
Factors Impacting UNG price | UNG will decline at least -1.9% in a week (0% probabilities). VIXM(-8%) DRIV(-6%) EDOC(-4%) VXX(-2%) UUP(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.9% (StdDev 3.8%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.8% |
| |
|
|