Bullish vs. Bearish (14 opinions)
Social Sentiment 0.17
UNG Stock Forecast and Technical Analysis
Sell candidate since 2020-02-20 Loss -4.23% PDF
United States Natural Gas Fund, LP fell by -0.56% in the last day ( Tuesday, 25th Feb 2020 ) from $14.36 to $14.28 and has now fallen 5 days in a row. During the day the stock fluctuated 1.97% from a day low at $14.24 to a day high of $14.52. The price has fallen in 5 of the last 10 days , but is still up by 3.18% over the past 2 weeks. Volume has increased in the last day by 0.75 million shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 4.42 million shares bought and sold for approximately $63.18 million.
UNG Stock Price Summary
- 30 day high of the UNG stock price was $15.67 and low was $13.75.
- 90 day high was $19.42 and low was $13.75.
- 52 week high for United States Natural Gas Fund, LP - $25.47 and low - $13.75.
United States Natural Gas Fund, LP lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -24.67% during the next 3 months and, with 90% probability hold a price between $9.71 and $11.26 at the end of this period.
There are few to no technical positive signals at the moment. United States Natural Gas Fund, LP holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $14.72 and $15.14. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday February 19, 2020, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
UNG Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 45 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
UNG Support & Resistance
United States Natural Gas Fund, LP finds support from accumulated volume at $14.21.
UNG Stock Risk
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.28 (1.97%) between high and low. For the last week, the stock has had daily average volatility of 2.52%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.52 %Average volatility
Very Low Low Medium High Very High
UNG Stock Evaluation
United States Natural Gas Fund, LP holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate candidate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.