US NATURAL GAS FUND LP (UNG) Stock Technical Analysis
NYSEARCA:UNG - NYSE Arca - US9123184098 - ETF - Currency: USD
Overall UNG gets a technical rating of 0 out of 10. UNG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than UNG.
UNG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month UNG has a been trading in the 13.26 - 16.01 range, which is quite wide. It is currently trading near the lows of this range.
UNG has an average volume of 7668640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
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.
More info and screens
13.22
21.19
We can see 5 important resistance areas.
- Resistance @13.92 from a horizontal line in the daily time frame.
- Resistance @14.96 from a trend line in the daily time frame.
- Resistance @15.45 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.78 to 15.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.98 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for UNG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UNG is down. |
| ChartMill Relative Strength | 15.29 | NEGATIVE | UNG has a low relative strength, it was outperformed by 84.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UNG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.71 | NEUTRAL | The RSI value for UNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests UNG has a negative trend. |
| Stochastics (14,3) | 9.72 | OVERSOLD | The low Stochastics value suggests UNG may be oversold. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for UNG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.7 | NEUTRAL | The ADX value for UNG suggests a possible start of a new trend. |
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)
13.35
-0.56 (-4.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.03%
1 Week-2.63%
2 Weeks-15.51%
1 Month-11.65%
3 Month-27.13%
6 Month-17.54%
12 Month2.3%
2 Year-53.06%
3 Year-88.34%
5 Year-67.47%
10 Year-74.41%
15 Year-94.95%
Volatility
ATR(14)0.54
ATR(20)%4.22%
ATR Inc-14.28%
Range Today0.22
ADR(20)0.4
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.29
Mansfield-2.55
10 Day High16.01
10 Day Low13.26
20 Day High16.01
20 Day Low13.26
52 Week High24.33
52 Week Low12.35
CS1 EndN/A
CR1 Start13.92
Volume & EV
DER(3)1.37%
DER(5)2.96%
Volume9.38M
Volume Incr49.71%
Vol(5)11.94M
Vol(50)7.67M