| UNG latest price $7.9700 (5.98%) ($7.8300 - $8.0800) on Wed. Aug. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 62 |
Latest Price | $7.9700(5.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 3.7% 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 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(43%) XLE(28%) ICLN(25%) IWD(25%) XAR(25%) |
Factors Impacting UNG price | UNG will decline at least -1.67% in a week (0% probabilities). VXX(-20%) VIXM(-19%) UUP(-5%) BNDX(-4%) EWY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.67% (StdDev 3.34%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.9% |
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