Technical Analysis for UNG - United States Natural Gas Fund LP

Grade Last Price % Change Price Change
grade F 11.0 0.09% 0.01
UNG closed down 2.92 percent on Monday, June 1, 2020, on 1.3 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical UNG trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.09%
Inside Day Range Contraction 0.09%
Wide Bands Range Expansion 0.09%
Oversold Stochastic Weakness 0.09%
Pocket Pivot Bullish Swing Setup -2.83%
New 52 Week Low Weakness -2.83%
Stochastic Reached Oversold Weakness -2.83%
Oversold Stochastic Weakness -2.83%
New 52 Week Closing Low Bearish -2.40%
Wide Bands Range Expansion -2.40%

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile

The investment seeks to reflect the daily changes in percentage terms of the 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. The fund invests primarily in futures contracts for natural gas that are traded on the NYMEX, ICE Futures Europe and ICE Futures U.S. (together, “ICE Futures”) or other U.S. and foreign exchanges. The Benchmark Futures Contract is the futures contract on natural gas as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration.
Exchange Traded Fund ETF Natural Gas Commodity Markets Futures Exchanges Futures New York Mercantile Exchange Benchmark Dalian Commodity Exchange Dubai Mercantile Exchange Henry Hub

Is UNG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.4
52 Week Low 10.88
Average Volume 4,641,144
200-Day Moving Average 16.69
50-Day Moving Average 12.67
20-Day Moving Average 12.13
10-Day Moving Average 11.64
Average True Range 0.62
ADX 19.09
+DI 18.73
-DI 34.67
Chandelier Exit (Long, 3 ATRs ) 13.08
Chandelier Exit (Short, 3 ATRs ) 12.75
Upper Bollinger Band 14.01
Lower Bollinger Band 10.26
Percent B (%b) 0.2
BandWidth 30.89
MACD Line -0.49
MACD Signal Line -0.42
MACD Histogram -0.0662
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.52
Resistance 3 (R3) 11.54 11.40 11.43
Resistance 2 (R2) 11.40 11.26 11.38 11.40
Resistance 1 (R1) 11.19 11.18 11.30 11.17 11.37
Pivot Point 11.05 11.05 11.10 11.03 11.05
Support 1 (S1) 10.84 10.91 10.95 10.82 10.61
Support 2 (S2) 10.70 10.83 10.68 10.58
Support 3 (S3) 10.49 10.70 10.55
Support 4 (S4) 10.47