Decline depth
-37.8%
From rolling 252-day high of $17.03, 161d ago.
Past the 30% Amber threshold.
Amber List
UNGUnited States Natural Gas Fund
-37.8%
from rolling 252-day high of $17.03 set 2026-01-30 · 161d ago
Current
$10.60
Decline depth
-37.8%
Decline σ
6.0σ
TFC
2/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$UNG landed on the list 2026-05-14, down 39.8% from its 52-week high that day — now down -37.8%.
That's 4.5 percentage points deeper than the day it joined.
Decline from the 52-week high as it stood on 2026-05-14 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
UNG qualifies for the Amber List on decline depth.
Time-frame continuity
2/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
6.0σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (2.4% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about UNG.
UNG qualifies for the Amber List on decline depth — down -37.8% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 6.0σ over 10 bars.
52-week range
52W low $9.95
8.0% of range
52W high $18.12
Related — same sector
Closest decliners to UNG
Questions about UNG
What people ask.
Why is UNG on Broken Stocks?
UNG qualifies for the Amber List on decline depth. It is down -37.8% from its rolling 252-day high of $17.03, set on 2026-01-30 — 161d ago.
Is UNG a falling knife?
Not by the strict technical definition. UNG is down -37.8% from its 52-week high, but that high was set 161d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. UNG is still on the Amber List for decline depth, but the freshness component of a falling knife is missing.
Is UNG a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is UNG trading inside its 52-week range?
At $10.60, UNG sits 8.0% of the way from its 52-week low ($9.95) to its 52-week high ($18.12). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has UNG been declining?
The current 37.8% decline accrued over 161d, which annualizes to roughly -85.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.