UNGUnited States Natural Gas Fund
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 -34.4%.
It has clawed back 3.8 percentage points off that level. It bottomed 41.2% below that high along the way.
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.
The structural read
What price action says about UNG.
UNG qualifies for the Amber List on decline depth — down -34.4% from its rolling 252-day high.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether UNG's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.
Upstream TFC read: strong alignment, current phase monthly. Last bar types — daily 2U (green), weekly 2D (green), monthly 2U (green).
52-week range
Questions about UNG
What people ask.
Why is UNG on Broken Stocks?
UNG qualifies for the Amber List on decline depth. It is down -34.4% from its rolling 252-day high of $18.12, set on 2025-06-18 — 344d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for UNG?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — UNG is still Amber List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is UNG a falling knife?
Not by the strict technical definition. UNG is down -34.4% from its 52-week high, but that high was set 344d 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 $11.89, UNG sits 23.7% 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 34.4% decline accrued over 344d, which annualizes to roughly -36.5% 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.