| UNG latest price $12.5900 (7.88%) ($12.1400 - $12.7600) on Wed. Sep. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 43 |
Latest Price | $12.5900(7.88%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.8% a day on average for past five trading days. |
Weekly Trend | UNG declines -4.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(26%) XLE(17%) USO(15%) VYM(15%) XLB(15%) |
Factors Impacting UNG price | UNG will decline at least -2.1% in a week (0% probabilities). IGOV(-9%) VIXM(-8%) DRIV(-6%) EDOC(-4%) VXX(-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 | -2.1% (StdDev 4.2%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.3% |
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