UNG Monthly 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 entrenched in a multi-year secular bear regime, trading well below its long-term moving averages. In the intermediate term, the asset is locked in a tight base near secular lows with compressed volatility and RSI near 40. A decisive monthly breakout above the 20-month SMA near 14.03 is required before any meaningful recovery trend can develop.
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UNG Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is consolidating in a tight range near historical lows between 7.87 and 14.03, trading just below the 20-month moving average with RSI hovering around 40.
Long-term Sentiment (weeks to months): Bearish
Price remains in a persistent secular downtrend, trading far below the descending 50-month (27.32) and 200-month (205.15) moving averages.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-09-01T06:39:49.312Z
- Model: gemini-3.7-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $8.53 | $7.50 - $9.55 | Strong | Historical base support zone aligned with the monthly lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $17.10 | $14.00 - $20.20 | Strong | Confluence of the 20-month SMA baseline and the upper Bollinger Band. |
| $31.00 | $27.00 - $35.00 | Strong | Major secular resistance around the descending 50-month SMA and the 2022 cyclical peak. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Secular Base Consolidation | Neutral | N/A | Prolonged low-volatility bottoming range forming along historical lows after a multi-year decline. |
Frequently Asked Questions about UNG
What is the current sentiment for UNG?
The short-term sentiment for UNG is currently Neutral because Price is consolidating in a tight range near historical lows between 7.87 and 14.03, trading just below the 20-month moving average with RSI hovering around 40.. 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 $8.53. 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 46/100. 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.