United States Natural Gas Fund Lp ETF Forecast

Hold candidate since Jul 22, 2026

The United States Natural Gas Fund, LP ETF price gained 1.92% on the last trading day (Wednesday, 22nd Jul 2026), rising from $10.40 to $10.60. During the last trading day the ETF fluctuated 1.87% from a day low at $10.46 to a day high of $10.65. The price has been going up and down for this period, and there has been a -8.62% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 540 thousand more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $59.34 million.

The ETF lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.30 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 2.54% during the next 3 months and, with a 90% probability hold a price between $10.56 and $12.59 at the end of this 3-month period.

UNG Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, July 20, 2026, and so far it has risen 3.01%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The United States Natural Gas Fund, LP ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $11.29. On a fall, the ETF will find some support from the short-term average at $10.47. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for United States Natural Gas Fund, LP ETF

United States Natural Gas Fund, LP finds support from accumulated volume at $10.52 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $0.195 between high and low, or 1.87%. For the last week, the ETF has had daily average volatility of 2.34%.

Our recommended stop-loss: $10.04 (-5.28%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (UNG) For The Upcoming Trading Day Of Thursday 23rd

For the upcoming trading day on Thursday, 23rd we expect United States Natural Gas Fund, LP to open at $10.57, and during the day (based on 14 day Average True Range), to move between $10.43 and $10.77, which gives a possible trading interval of +/-$0.336 (+/-3.22%) up or down from last closing price. If United States Natural Gas Fund, LP takes out the full calculated possible swing range there will be an estimated 3.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.68 (0.75%) than the support at $10.52 (0.75%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is United States Natural Gas Fund, LP ETF A Buy?

United States Natural Gas Fund, LP holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: -0.053 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 23, 2026 - $10.57 ( 0.299%).

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