| UNG latest price $12.8000 (-0.85%) ($12.6600 - $13.0250) on Wed. Jul. 14, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 72 |
Latest Price | $12.8000(-0.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.4% a day on average for past five trading days. |
Weekly Trend | UNG advances 2.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(33%) XLE(24%) XLB(20%) VYM(19%) USO(16%) |
Factors Impacting UNG price | UNG will decline at least -0.86% in a week (0% probabilities). VIXM(-12%) UUP(-5%) VXX(-2%) ARKK(-2%) ARKG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.86% (StdDev 1.72%) |
Hourly BBV | -1.2 () |
Intraday Trend | -1.6% |
| |
|
|