Trading Signals: UNG Stock Price Prediction and Forecast

^ UNG: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

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

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Nov_25_2020	11.01 (-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%)	5	44	2.1	-0.8	1.4	Downtrend	10.45(-2.21%)	10.33-10.75	4.21	-26.2%-8%
2	Nov_24_2020	11.1 (-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%)	5	36	2.2	-1	1.5	After Bottom	10.36(-1.04%)	9.85-10.78	3.72	-27.7%-5.8%
3	Nov_23_2020	11.2 (-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%)	4	31	2.2	-1.2	1.3	After Bottom	10.18(-0.33%)	9.54-10.7	4.3	-29.5%-3.1%
4	Nov_20_2020	11.3 (-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%)	3	24	2.2	-1.5	1.4	After Bottom	10(-0.46%)	9.24-10.63	2.51	-30.6%-1.5%
5	Nov_19_2020	11.41 (-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%)	3	18	2.1	-1.8	1.7	Downtrend	9.61(-2.94%)	9.39-10.12	9.48	-31.6%-0%

6	Nov_18_2020	11.54 (-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%)	3	24	2	-1.6	1.9	Downtrend	10.01(-2.58%)	9.82-10.48	3.33	-29%-0%
7	Nov_17_2020	11.66 (-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%)	3	26	1.8	-1.8	1.8	Downtrend	10.1(-1.9%)	9.94-10.5	5	-28.9%-0%
8	Nov_16_2020	11.76 (-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%)	3	25	1.7	-2.1	1.9	Downtrend	10.14(-1.67%)	9.97-10.52	9.19	-28.8%-0%
9	Nov_13_2020	11.88 (-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%)	4	37	1.5	-1.3	1.1	Downtrend	11.16(-1.39%)	11.06-11.41	2.86	-21.8%-4.6%
10	Nov_12_2020	11.93 (-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%)	4	39	1.4	-1.4	0.7	Downtrend	11.06(-1.46%)	10.94-11.33	2.91	-22.5%-3.7%

11	Nov_11_2020	11.99 (-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%)	4	38	1.4	-1.3	1.3	After Bottom	11.47(-0.44%)	11.1-11.77	4.27	-20.4%-6.5%
12	Nov_10_2020	12.01 (-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%)	4	31	1.4	-1.6	0.7	Relative Oversold	11.23(0.16%)	10.8-11.58	4.2	-22.6%-3.6%
13	Nov_9_2020	12.08 (-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%)	5	29	1.4	-2.4	-0.4	Growing Downtrend	10.71(-1.06%)	10.56-11.01	4.52	-25.3%-0%
14	Nov_6_2020	12.18 (-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%)	5	30	1.1	-2.3	1.9	Growing Downtrend	10.91(-0.62%)	10.8-11.17	4.59	-24.2%-0%
15	Nov_5_2020	12.26 (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%)	5	36	1	-2.5	0.9	Correction	10.81(-2.91%)	10.75-11.03	5.49	-23.1%-0.5%

16	Nov_4_2020	12.3 (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%)	6	39	0.8	-1.5	0.5	Correction	11.38(-1.7%)	11.34-11.55	3.58	-20%-4.6%
17	Nov_3_2020	12.3 (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%)	7	51	0.9	-1	-1.6	Uptrend Consolidation	11.79(1.53%)	11.84-11.62	6.74	-19.8%-4.9%
18	Nov_2_2020	12.31 (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%)	8	46	0.7	0.8	-2.5	Uptrend	12.29(0.33%)	12.26-12.3	4.01	-15.4%-10.7%
19	Oct_30_2020	12.29 (0.6%)	12.46 (0.2%)	12.52 (1.1%)	12.41	12.42(0%)	12.74(1.51%)	12.34-12.76	0.9(1)	4.4	0.4%	0.5%	0%	0.22%	Growing Uptrend	Range(0.9%)	8	49	0.9	2.2	-2.2	Growing Uptrend	12.78(0.31%)	12.66-12.81	2.62	-12%-24.2%
20	Oct_29_2020	12.21 (0.3%)	12.41 (0%)	12.39 (0.2%)	12.36	12.39(0%)	12.55(0.72%)	11.94-12.67	0.6(0.7)	4.1	0.1%	0.3%	0%	0.08%	Growing Uptrend	Range(0.4%)	8	53	1	1.9	-2.4	N/A	12.49(-0.5%)	12.36-12.59	3.76	-13.3%-22.3%

21	Oct_28_2020	12.15 (0.1%)	12.4 (0.1%)	12.36 (-0.2%)	12.36	12.4(0%)	12.46(-0.56%)	12.4-12.59	0.5(0.6)	-3.6	0.2%	0.5%	0%	0.06%	Growing Uptrend	Range(1%)	7	59	1	2.1	-2.4	After Top	12.41(-0.38%)	12.31-12.5	2.62	-14%-21.4%
22	Oct_27_2020	12.1 (0%)	12.33 (0.1%)	12.39 (0.2%)	12.32	12.34(0%)	12.53(1.87%)	12.08-12.64	0.8(0.8)	3.8	0.2%	0.1%	0%	0.08%	N/A	Range(0.3%)	6	61	1	1.5	-0.6	Range Bound	12.47(-0.45%)	12.37-12.56	2.28	-13.5%-23.3%
23	Oct_26_2020	12.1 (-0%)	12.34 (0.3%)	12.36 (-0.3%)	12.41	12.24(0%)	12.3(1.65%)	12.16-12.48	0.6(0.5)	-2.8	-0.4%	-0.3%	0%	0.18%	Downtrend Reversal	Range(-0.7%)	6	64	1	0.9	-0.2	N/A	12.23(-0.54%)	12.1-12.34	2.73	-15.1%-21.1%
24	Oct_23_2020	12.04 (0%)	12.38 (0.5%)	12.4 (-0.3%)	12.44	12.31(0%)	12.1(-2.34%)	12.08-12.25	0.2(0.1)	-2	-1.3%	-0.2%	0%	0.32%	Downtrend Reversal	Range(-0.3%)	7	54	1.1	-0.4	0.8	Uptrend Consolidation	12.07(-0.22%)	12.05-12.15	2.08	-16.4%-19.1%
25	Oct_22_2020	12.07 (0.1%)	12.41 (0.8%)	12.44 (0%)	12.51	12.57(0%)	12.39(-1.98%)	12.34-12.63	0.5(0.6)	-4	%	0.2%	0%	0.52%	Growing Uptrend	Range(1.2%)	8	65	1.1	0.2	0.6	After Top	12.41(0.14%)	12.22-12.56	2.2	-14.4%-25.9%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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