UNG Daily Technical Analysis
United States Natural Gas Fund
Tracks the price of natural gas futures contracts. Natural gas is used for electricity generation, heating, and industrial production. Prices are highly volatile and sensitive to weather patterns, storage levels, and seasonal demand.
UNG Technical Analysis Summary
UNG remains firmly under the control of a long-term bearish trend, trading below a descending 200-day moving average. A recent counter-trend rally was sharply rejected at major resistance, forcing price back below shorter-term moving averages. Until the asset can decisively reclaim the 200-day SMA and shift the structural pattern of lower highs, the outlook for long-term investors remains negative.
Included In Lists
Related Tickers of Interest
UNG Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price recently faced a strong rejection near the 200-day SMA and has subsequently broken below both the 20-day and 50-day SMAs. The MACD histogram is shrinking, indicating fading bullish momentum, and recent price action features strong bearish candles with increasing volume on down days.
Long-term Sentiment (weeks to months): Bearish
The asset remains entrenched in a prevailing long-term downtrend, characterized by a clear sequence of lower highs and lower lows. Price continues to trade beneath a downward-sloping 200-day SMA, which acts as dynamic resistance.
Report Metadata
- Timeframe: daily
- Generated at: 2026-03-09T21:06:29.517Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $11.25 | $11.00 - $11.50 | Strong | Recent swing low consolidation zone from late 2025/early 2026 and proximity to the lower Bollinger Band. |
| $9.85 | $9.50 - $10.20 | Strong | Major chart bottom established in Q1 2026. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $12.60 | $12.40 - $12.80 | Strong | Immediate resistance cluster formed by the 50-day and 20-day SMAs. |
| $13.90 | $13.60 - $14.20 | Strong | Area encompassing the downward-sloping 200-day SMA and recent swing high rejection points. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Lower High Formation | Bearish | N/A | The recent rally attempt failed at the 200-day SMA, establishing another lower peak in the broader macro downtrend sequence. |
Frequently Asked Questions about UNG
What is the current sentiment for UNG?
The short-term sentiment for UNG is currently Bearish because Price recently faced a strong rejection near the 200-day SMA and has subsequently broken below both the 20-day and 50-day SMAs. The MACD histogram is shrinking, indicating fading bullish momentum, and recent price action features strong bearish candles with increasing volume on down days.. The long-term trend is classified as Bearish.
What are the key support levels for UNG?
StockDips.AI has identified key support levels for UNG at $11.25 and $9.85. These levels may represent potential accumulation zones where buying interest could emerge.
Is UNG in a significant dip or a Value Dip right now?
UNG has a Value Score of 21/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.