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     Wed. Nov. 25, 2020

Trading Signals: UNG Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Fri. Jan. 15, 2021)

(United States Natural Gas)

UNG latest price $10.6900 (2.1%) ($10.3800 - $10.8690) on Wed. Nov. 25, 2020.


Trend Analysis and Forecast
 
Trend Pattern  Confirmed Rebound
Trend Narrative  Rebound
Average Daily Price Swing  $0.83 (7.54% one month average)
Average Daily Percentage Swing  3.56% (three month average)
Weekly Trend Force  -0.7% (StdDev 3.56%)
Daily Moving Force  1.7%
Rebound Strength  None(0%)
Trend   -0.82%
Latest Price  $10.6900(2.1%)
Forecasted Low Price  10.56(-1.25%)
Forecasted High Price  10.89(1.9%)
Direction of Next Movement  Range(1%)
% Change Needed to Confirm Rebound  0.1% ((10.7))
% Change Needed for Trend Reversal  -0.4%
Hourly Trend   2% [$10.53(0.21), $10.32(0.2)]
Complacency  5
Intraday Reversal Probability  There's a high probability the price will reverse sharply to downside intraday or next day..
Daily Trend  UNG advances 0.8% a day on average for past five trading days.
Weekly Trend  UNG declines -4% a week on average for past two weeks.
Market Behavior  Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs  Broad market will support UNG advance at 0.5% a week (66% probability)
  TBT(24%)    BJK(20%)    UUP(16%)    DRIV(13%)    GBTC(10%)  
Factors Impacting UNG price  UNG will decline at least -0.2% in a week (23% probabilities).
  LQD(-25%)    BWX(-24%)    TLT(-22%)    TIP(-22%)    HYXU(-21%)  
Explanation   The rally is not sustainable and not supported by the broad market.
Trading Plan  Buy the rebound
 
Valuation to SPY   -0.8
 
Relative Volatility   1.3 (options are expensive)
 
Market Trend Strength  -0.4% (StdDev 3.56%)
Hourly BBV   4 ()
Intraday Trend   1.8%
  
 

  


Next Day Open Price  $10.63(-0.56%)
1 - 5 Day Possible Target  $9.02(-15.62%)
Resistance Level  $11.01
5 Day Moving Average  $10.26(4.19%)
10 Day Moving Average  $10.46(2.2%)
20 Day Moving Average  $11.01(-2.91%)
To recent high  -26.2%
To recent low  8%
Market Cap  $N/A
 
Option Sentiment  
 
 
 
 



$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. UNG price fluctuates within 7.54% (three month std-dev: 3.56%    one year average std_dev: 0%) daily (68% of days).
$. UNG price fluctuates within 0% weekly (one year average std_dev: %).

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20201225

iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
Trend
Fast Hourly
Trend
CloseActualPriceRangeBBVHourly
BBV
Daily
Moving
Force
Weekly
Trend
Force
Reversal
Force
TrendTrend
Pattern
Next
Direction
CRSIScaleRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
1Nov_25_202011.01 (-0.6%)10.46 (-0.5%)10.26 (0.8%) 10.32 10.53(0%)10.69(2.1%)10.38-10.87-0.3(-0.4)4 1.7%-0.7%0%-0.82% Confirmed Rebound  Range(1%)5442.1-0.81.4Downtrend 10.45(-2.21%)10.33-10.754.21   -26.2%-8% 
2Nov_24_202011.1 (-0.6%)10.53 (-0.6%)10.18 (0.3%) 10.12 10.32(0%)10.47(2.55%)10.38-10.53-0.6(-0.7)-1.1 1.1%-0.7%0%-0.92% Rebound  Range(0.4%)5362.2-11.5After Bottom 10.36(-1.04%)9.85-10.783.72   -27.7%-5.8% 
3Nov_23_202011.2 (-0.6%)10.6 (-0.6%)10.15 (-0.2%) 10.1 10.11(0%)10.21(1.59%)10.09-10.28-1(-1.1)-1.2 0.8%-0.7%0%-0.98% Rebound  Range(0.1%)4312.2-1.21.3After Bottom 10.18(-0.33%)9.54-10.74.3   -29.5%-3.1
4Nov_20_202011.3 (-0.6%)10.66 (-0.8%)10.17 (-2.4%) 10.13 9.92(0%)10.05(1.52%)9.96-10.11-1.3(-1.4)-1.9 -1.6%-0.9%0%-1.14% Growing Downtrend  Lower(-2.5%)3242.2-1.51.4After Bottom 10(-0.46%)9.24-10.632.51   -30.6%-1.5
5Nov_19_202011.41 (-0.6%)10.76 (-0.9%)10.42 (-2.5%) 10.24 10.08(0%)9.9(-3.7%)9.62-10.03-1.6(-1.8)-2.6 -2.9%-1.2%0%-1.14% Growing Downtrend  Lower(-2.3%)3182.1-1.81.7Downtrend 9.61(-2.94%)9.39-10.129.48   -31.6%-0
 
6Nov_18_202011.54 (-0.5%)10.89 (-0.9%)10.69 (-2.2%) 10.64 10.33(0%)10.28(-0.19%)10.22-10.5-1.4(-1.6)-8.7 -1.4%-1.2%0%-1.08% Growing Downtrend  Lower(-2.5%)3242-1.61.9Downtrend 10.01(-2.58%)9.82-10.483.33   -29%-0
7Nov_17_202011.66 (-0.5%)11.02 (-0.9%)10.93 (-1.7%) 10.89 10.39(0%)10.3(-0.1%)10.18-10.38-1.6(-1.8)-1.9 -3.8%-1.1%0%-0.98% Growing Downtrend  Lower(-4.9%)3261.8-1.81.8Downtrend 10.1(-1.9%)9.94-10.55   -28.9%-0
8Nov_16_202011.76 (-0.4%)11.16 (-0.9%)11.12 (-0.9%) 11.16 10.96(0%)10.31(-8.92%)10.3-10.67-1.8(-2.1)-2.4 -2.6%-1.5%0%-0.94% Growing Downtrend  Range(0.4%)3251.7-2.11.9Downtrend 10.14(-1.67%)9.97-10.529.19   -28.8%-0
9Nov_13_202011.88 (-0.5%)11.35 (-1%)11.22 (0.6%) 11.32 11.39(0%)11.32(0.89%)11.26-11.63-0.7(-0.9)-1.4 0.7%-0.9%0%-0.88% Downtrend Consolidation  Range(-0.2%)4371.5-1.31.1Downtrend 11.16(-1.39%)11.06-11.412.86   -21.8%-4.6% 
10Nov_12_202011.93 (-0.5%)11.48 (-1%)11.15 (0.2%) 11.17 11.35(0%)11.22(-2.6%)11.18-11.55-1(-1.2)-1.5 0.7%-0.9%0%-0.88% Downtrend Consolidation Downtrend Pop Range(1.1%)4391.4-1.40.7Downtrend 11.06(-1.46%)10.94-11.332.91   -22.5%-3.7% 
 
11Nov_11_202011.99 (-0.5%)11.61 (-1.1%)11.13 (-0.1%) 11.1 11.25(0%)11.52(2.77%)11.07-11.57-0.7(-0.8)3.8 1.1%-0.6%0%-0.88% Rebound  Range(0.5%)4381.4-1.31.3After Bottom 11.47(-0.44%)11.1-11.774.27   -20.4%-6.5% 
12Nov_10_202012.01 (-0.5%)11.69 (-1.1%)11.14 (-0.7%) 11.11 10.99(0%)11.21(3.6%)10.93-11.41-1.2(-1.4)-1.7 -0.2%-1%0%-0.9% Downtrend Pop  Range(-1.2%)4311.4-1.60.7Relative Oversold 11.23(0.16%)10.8-11.584.2   -22.6%-3.6% 
13Nov_9_202012.08 (-0.4%)11.82 (-1%)11.22 (-2.5%) 11.21 10.94(0%)10.82(-1.46%)10.75-10.98-2(-2.2)-1.8 -2.3%-1.2%0%-0.8% Growing Downtrend  Lower(-2.8%)5291.4-2.4-0.4Growing Downtrend 10.71(-1.06%)10.56-11.014.52   -25.3%-0
14Nov_6_202012.18 (-0.2%)11.98 (-1%)11.51 (-3%) 11.41 11.22(0%)10.98(-1.35%)10.87-11.13-2.2(-2.4)-2.8 -2.5%-0.9%1.8%-0.6% Growing Downtrend  Range(-0.9%)5301.1-2.31.9Growing Downtrend 10.91(-0.62%)10.8-11.174.59   -24.2%-0
15Nov_5_202012.26 (0.1%)12.1 (-0.7%)11.86 (-2.4%) 11.72 11.47(0%)11.13(-3.89%)11.1-11.8-2.4(-2.7)-5.7 -1.8%-0.9%3%-0.32% Growing Downtrend  Higher(2.2%)5361-2.50.9Correction 10.81(-2.91%)10.75-11.035.49   -23.1%-0.5
 
16Nov_4_202012.3 (0.4%)12.24 (-0.4%)12.15 (-1.4%) 12.01 11.6(0%)11.58(-0.26%)11.39-11.68-1.8(-2)-0.5 -2.3%-0.7%0%-0.1% Growing Downtrend  Lower(-2.9%)6390.8-1.50.5Correction 11.38(-1.7%)11.34-11.553.58   -20%-4.6% 
17Nov_3_202012.3 (0.6%)12.35 (0%)12.32 (-1.5%) 12.2 11.97(0%)11.61(-5.22%)11.53-11.78-1.7(-1.8)-0.8 -2.6%-0.5%0%0.12% Downtrend Reversal  Range(-0.5%)7510.9-1-1.6Uptrend Consolidation 11.79(1.53%)11.84-11.626.74   -19.8%-4.9% 
18Nov_2_202012.31 (0.8%)12.44 (0.3%)12.51 (-0.1%) 12.4 12.41(0%)12.25(-3.85%)12.18-12.39-0.1(-0.2)-2.4 -0.1%-0.1%0%0.24% N/A  Range(1.7%)8460.70.8-2.5Uptrend 12.29(0.33%)12.26-12.34.01   -15.4%-10.7% 
19Oct_30_202012.29 (0.6%)12.46 (0.2%)12.52 (1.1%) 12.41 12.42(0%)12.74(1.51%)12.34-12.760.9(1)4.4 0.4%0.5%0%0.22% Growing Uptrend  Range(0.9%)8490.92.2-2.2Growing Uptrend 12.78(0.31%)12.66-12.812.62   -12%-24.2% 
20Oct_29_202012.21 (0.3%)12.41 (0%)12.39 (0.2%) 12.36 12.39(0%)12.55(0.72%)11.94-12.670.6(0.7)4.1 0.1%0.3%0%0.08% Growing Uptrend  Range(0.4%)85311.9-2.4N/A 12.49(-0.5%)12.36-12.593.76   -13.3%-22.3% 
 
21Oct_28_202012.15 (0.1%)12.4 (0.1%)12.36 (-0.2%) 12.36 12.4(0%)12.46(-0.56%)12.4-12.590.5(0.6)-3.6 0.2%0.5%0%0.06% Growing Uptrend  Range(1%)75912.1-2.4After Top 12.41(-0.38%)12.31-12.52.62   -14%-21.4% 
22Oct_27_202012.1 (0%)12.33 (0.1%)12.39 (0.2%) 12.32 12.34(0%)12.53(1.87%)12.08-12.640.8(0.8)3.8 0.2%0.1%0%0.08% N/A  Range(0.3%)66111.5-0.6Range Bound 12.47(-0.45%)12.37-12.562.28   -13.5%-23.3% 
23Oct_26_202012.1 (-0%)12.34 (0.3%)12.36 (-0.3%) 12.41 12.24(0%)12.3(1.65%)12.16-12.480.6(0.5)-2.8 -0.4%-0.3%0%0.18% Downtrend Reversal  Range(-0.7%)66410.9-0.2N/A 12.23(-0.54%)12.1-12.342.73   -15.1%-21.1% 
24Oct_23_202012.04 (0%)12.38 (0.5%)12.4 (-0.3%) 12.44 12.31(0%)12.1(-2.34%)12.08-12.250.2(0.1)-2 -1.3%-0.2%0%0.32% Downtrend Reversal  Range(-0.3%)7541.1-0.40.8Uptrend Consolidation 12.07(-0.22%)12.05-12.152.08   -16.4%-19.1% 
25Oct_22_202012.07 (0.1%)12.41 (0.8%)12.44 (0%) 12.51 12.57(0%)12.39(-1.98%)12.34-12.630.5(0.6)-4 %0.2%0%0.52% Growing Uptrend  Range(1.2%)8651.10.20.6After Top 12.41(0.14%)12.22-12.562.2   -14.4%-25.9% 
iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
Trend
Fast Hourly
Trend
CloseActualPriceRangeBBVHourly
BBV
Daily
Moving
Force
Weekly
Trend
Force
Reversal
Force
TrendTrend
Pattern
Next
Direction
CRSIScaleRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
Click to see actual return for next trading day.
 
 
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