| UNG latest price $6.3700 (-2.9%) ($6.3000 - $6.6200) on Thu. Nov. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 37 |
Latest Price | $6.3700(-2.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.2% a day on average for past five trading days. |
Weekly Trend | UNG declines -5.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) IVW(53%) XOP(49%) SMH(47%) XLE(47%) FXI(37%) |
Factors Impacting UNG price | UNG will decline at least -1.415% in a week (0% probabilities). IGOV(-27%) VIXM(-23%) VXX(-20%) TLT(-18%) XLU(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.415% (StdDev 2.83%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3% |
| |
|
|