United States Natural Gas (UNG, $14.44) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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UNG - United States Natural Gas
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $14.44
Daily change: -$0.47 (-3.15%)
Daily volume: 7.7M
Net Assets: $838.5M
This indicator may be signaling that UNG's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 80 similar cases where UNG's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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UNGDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category CommoditiesBroadBasket

Profile
Fundamentals
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Category
Commodities Focused
Address
1320 Harbor Bay ParkwaySuite 145Alameda
Phone
N/A
Web
www.unitedstatesnaturalgasfund.com