US NATURAL GAS FUND LP (UNG) Stock Technical Analysis
NYSEARCA:UNG - NYSE Arca - US9123184098 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to UNG. UNG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
UNG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month UNG has a been trading in the 15.04 - 22.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
UNG has an average volume of 7387390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, UNG turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
UNG has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.34
22.67
We found 1 important support area.
- A support zone ranging from 15.49 to 15.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @22.45 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.2
Mansfield-0.3
10 Day High18.83
10 Day Low15.04
20 Day High22.12
20 Day Low15.04
52 Week High24.33
52 Week Low12.35
Performance
1 Week-7.81%
2 Weeks-15%
1 Month-23.08%
3 Month-13.36%
6 Month8.65%
12 Month11.66%
2 Year-44.01%
3 Year-84.3%
5 Year-70.73%
10 Year-70.84%
15 Year-92.85%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.29
RSI(14)30.83
LBB14.59
UBB19.94
15.7
+0.2 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.29%
1 Week-7.81%
2 Weeks-15%
1 Month-23.08%
3 Month-13.36%
6 Month8.65%
12 Month11.66%
2 Year-44.01%
3 Year-84.3%
5 Year-70.73%
10 Year-70.84%
15 Year-92.85%
Volatility
ATR(14)1.04
ATR(20)%6.67%
ATR Inc-43.62%
Range Today0.59
ADR(20)0.91
ADR(20)%5.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.2
Mansfield-0.3
10 Day High18.83
10 Day Low15.04
20 Day High22.12
20 Day Low15.04
52 Week High24.33
52 Week Low12.35
CS1 End15.69
CR1 Start22.45
Volume & EV
DER(3)3.96%
DER(5)-1.42%
Volume5.92M
Volume Incr9.45%
Vol(5)7.03M
Vol(50)7.39M