| UNG latest price $13.5500 (-5.31%) ($13.4300 - $14.2900) on Wed. Apr. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 54 |
Latest Price | $13.5500(-5.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 2.4% 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 | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(24%) XLE(16%) VYM(15%) XLB(14%) URA(13%) |
Factors Impacting UNG price | UNG will decline at least -1.56% in a week (0% probabilities). VIXM(-8%) IGOV(-7%) VXX(-2%) UUP(-2%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.56% (StdDev 3.12%) |
Hourly BBV | -0.2 () |
Intraday Trend | -4.4% |
| |
|
|