| UNG latest price $12.7600 (3.07%) ($12.6920 - $13.1500) on Mon. Oct. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 59 |
Latest Price | $12.7600(3.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 1.5% a day on average for past five trading days. |
Weekly Trend | UNG declines -1.4% 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%) VYM(16%) XLB(16%) USO(15%) |
Factors Impacting UNG price | UNG will decline at least -2.065% in a week (0% probabilities). IGOV(-9%) VIXM(-8%) DRIV(-6%) EDOC(-4%) UUP(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.065% (StdDev 4.13%) |
Hourly BBV | 0.7 () |
Intraday Trend | -2.5% |
| |
|
|