US NATURAL GAS FUND LP (UNG)

US9123184098 - ETF

15.67  +0.81 (+5.45%)

After market: 15.65 -0.02 (-0.13%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to UNG. UNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, UNG is a bad performer in the overall market: 89% of all stocks are doing better.
UNG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so UNG is lagging the market.
UNG has an average volume of 6823900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month UNG has a been trading in the 13.87 - 16.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
UNG Weekly chart
UNG Daily chart
Setup Rating and Analysis

3

The technical rating of UNG is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

13.91

23.32

2 important support areas can be observed.

  • Support @15.64 from a horizontal line in the daily time frame.
  • A support zone ranging from 14.05 to 14.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 15.68 to 16.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @22.16 from a trend line in the daily time frame.
  • Resistance @22.68 from a trend line in the weekly time frame.
  • Resistance @23.09 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11
Mansfield-4.04
10 Day High15.78
10 Day Low13.95
20 Day High16.09
20 Day Low13.87
52 Week High32.32
52 Week Low13.87
Performance
1 Week11.45%
2 Weeks7.92%
1 Month5.38%
3 Month-19.06%
6 Month-46.04%
12 Month-36.51%
2 Year-85.96%
3 Year-62.76%
5 Year-81.39%
10 Year-84.45%
15 Year-96.65%
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)0.12
RSI(14)56.14
LBB13.74
UBB15.56
UNG Daily chart

US NATURAL GAS FUND LP

NYSEARCA:UNG (5/3/2024, 7:23:49 PM)

After market: 15.65 -0.02 (-0.13%)

15.67

+0.81 (+5.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.45%
1 Week11.45%
2 Weeks7.92%
1 Month5.38%
3 Month-19.06%
6 Month-46.04%
12 Month-36.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.66
ATR(20)%4.15%
ATR Inc
Range Today0.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.78
10 Day Low13.95
20 Day High16.09
20 Day Low13.87
52 Week High32.32
52 Week Low13.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.41M
Volume Incr23.32%
Vol(5)8.79M
Vol(50)6.82M