Index Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
United States Natural Gas Fund LP (GIF:UNG)
Crossroads (-60) - UNG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UNG?
MarketClub looks at technical strength and momentum to determine if the timing is right for UNG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UNG
The long-term trend has been UP since Sep 2nd, 2020 at 14.5868
The intermediate-term trend has been DOWN since Sep 10th, 2020 at 12.4330
The short-term trend has been DOWN since Sep 2nd, 2020 at 13.4255
Smart Scan Analysis for UNG
Based on our trend formula, UNG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).