| UNG latest price $22.7000 (1.2%) ($22.2600 - $23.3400) on Thu. Jul. 14, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 56 |
Latest Price | $22.7000(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 1.4% a day on average for past five trading days. |
Weekly Trend | UNG advances 0.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(37%) XLE(27%) VYM(25%) XLF(23%) XLB(22%) |
Factors Impacting UNG price | UNG will decline at least -2.765% in a week (0% probabilities). VIXM(-13%) GLD(-6%) TBT(-5%) SLV(-5%) UUP(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.765% (StdDev 5.53%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.7% |
| |
|
|