| UNG latest price $11.8600 (1.37%) ($11.3900 - $11.9000) on Thu. Oct. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 51 |
Latest Price | $11.8600(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 1.1% a day on average for past five trading days. |
Weekly Trend | UNG declines -2.8% 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(27%) XLE(18%) XLB(17%) VYM(16%) USO(15%) |
Factors Impacting UNG price | UNG will decline at least -2.055% 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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.1% |
| |
|
|