| DGAZ latest price $294.4800 (11.9%) ($257.0800 - $300.5850) on Tue. Mar. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.57% (three month average) |
RSI | 54 |
Latest Price | $294.4800(11.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DGAZ advances 6.7% a day on average for past five trading days. |
Weekly Trend | DGAZ declines -10% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DGAZ advance at 0% a week (0% probability) VIXM(26%) TLT(20%) SHY(18%) VXX(17%) TIP(14%) |
Factors Impacting DGAZ price | DGAZ will decline at least -3.785% in a week (0% probabilities). UNG(-96%) URA(-33%) DRIV(-33%) XLY(-32%) XHB(-32%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.785% (StdDev 7.57%) |
Hourly BBV | 0 () |
Intraday Trend | 14.5% |
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