| UNG latest price $27.9800 (-1.79%) ($27.9130 - $29.1300) on Thu. May. 19, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 62 |
Latest Price | $27.9800(-1.79%) |
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 advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(38%) XLE(29%) VYM(24%) XLB(22%) XLF(22%) |
Factors Impacting UNG price | UNG will decline at least -2.02% in a week (0% probabilities). VIXM(-11%) ARKK(-5%) ARKG(-5%) UUP(-4%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.02% (StdDev 4.04%) |
Hourly BBV | -1.7 () |
Intraday Trend | -0.8% |
| |
|
|