| UNG latest price $12.8800 (2.3%) ($12.4700 - $13.1500) on Thu. Sep. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 46 |
Latest Price | $12.8800(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 2.3% a day on average for past five trading days. |
Weekly Trend | UNG declines -2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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(-5%) VXX(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.1% (StdDev 4.2%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.9% |
| |
|
|