| UNG latest price $7.8800 (1.81%) ($7.7400 - $7.9300) on Mon. Oct. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 64 |
Latest Price | $7.8800(1.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 3.5% a day on average for past five trading days. |
Weekly Trend | UNG advances 4.8% 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(36%) FXI(25%) ICLN(25%) URA(24%) TAN(23%) |
Factors Impacting UNG price | UNG will decline at least -1.4% in a week (0% probabilities). EDOC(-19%) IGOV(-16%) EWY(-15%) VXX(-9%) VIXM(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.4% (StdDev 2.8%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.2% |
| |
|
|