| DGAZ latest price $440.0000 (5.25%) ($400.4600 - $443.1970) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.55% (three month average) |
RSI | 80 |
Latest Price | $440.0000(5.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DGAZ advances 2.7% a day on average for past five trading days. |
Weekly Trend | DGAZ advances 15% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DGAZ advance at 0% a week (0% probability) JNK(25%) KWEB(17%) MCHI(-1%) ARKG(16%) ARKK(1%) |
Factors Impacting DGAZ price | DGAZ will decline at least -5.275% in a week (0% probabilities). ACES(-42%) IBUY(-2%) UNG(-87%) IPO(-10%) IBB(-4%) |
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 | -5.275% (StdDev 10.55%) |
Hourly BBV | 0 () |
Intraday Trend | 4.4% |
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