| UNG latest price $6.3900 (2.9%) ($6.2340 - $6.4400) on Wed. Jun. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.73% (three month average) |
RSI | 42 |
Latest Price | $6.3900(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.7% a day on average for past five trading days. |
Weekly Trend | UNG declines -7.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(39%) XLE(28%) IWD(26%) VYM(25%) XLV(25%) |
Factors Impacting UNG price | UNG will decline at least -1.865% in a week (0% probabilities). VXX(-14%) VIXM(-11%) UUP(-6%) EWY(-5%) BOTZ(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.865% (StdDev 3.73%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.2% |
| |
|
|