| DGAZ latest price $370.6800 (-3.72%) ($359.5100 - $378.9350) on Fri. Jun. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.75% (three month average) |
RSI | 64 |
Latest Price | $370.6800(-3.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DGAZ advances 2.2% a day on average for past five trading days. |
Weekly Trend | DGAZ advances 13.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DGAZ advance at 0% a week (0% probability) IBUY(11%) IBB(9%) IPO(9%) ARKG(23%) MCHI(7%) |
Factors Impacting DGAZ price | DGAZ will decline at least -5.375% in a week (0% probabilities). XLI(-97%) UNG(-87%) IYT(-58%) IFRA(-53%) PEJ(-51%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.375% (StdDev 10.75%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
| |
|
|