Index Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
United States Natural Gas Fund LP (GIF:UNG)
Weak Downtrend (-65) - UNG is showing signs of a strengthening downtrend. Monitor UNG as it may be building momentum to the downside.
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 DOWN since Nov 17th, 2020 at 10.2532
The intermediate-term trend has been UP since Jan 12th, 2021 at 10.0531
The short-term trend has been DOWN since Feb 23rd, 2021 at 10.7234
Smart Scan Analysis for UNG
Based on our trend formula, UNG is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).