UNG United States Natural Gas Forecast, Technical & Fundamental Analysis
The investment seeks to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of a specified short-term futures contract... Show more
UNG sees MACD Histogram just turned negative
UNG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 28, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 50 instances where the indicator turned negative. In of the 50 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 15, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on UNG as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UNG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for UNG entered a downward trend on May 05, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where UNG's RSI Indicator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UNG advanced for three days, in of 315 cases, the price rose further within the following month. The odds of a continued upward trend are .
UNG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category CommoditiesBroadBasket
UNG and ETFs
Correlation & Price change
A.I.dvisor tells us that UNG and USOI have been poorly correlated (+7% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that UNG and USOI's prices will move in lockstep.
| Ticker / NAME | Correlation To UNG | 1D Price Change % | ||
|---|---|---|---|---|
| UNG | 100% | -1.75% | ||
| USOI - UNG | 7% Poorly correlated | -0.29% | ||
| GLDM - UNG | 5% Poorly correlated | -0.65% | ||
| GLDI - UNG | 5% Poorly correlated | -0.34% | ||
| PHYS - UNG | 5% Poorly correlated | -0.71% | ||
| SLV - UNG | 3% Poorly correlated | -0.99% | ||
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