| DGAZ latest price $553.8310 (25.87%) ($474.5470 - $559.3500) on Thu. Jun. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.98% (three month average) |
RSI | 84 |
Latest Price | $553.8310(25.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DGAZ advances 8.4% a day on average for past five trading days. |
Weekly Trend | DGAZ advances 19.4% 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) JNK(18%) KWEB(6%) MCHI(-4%) ARKG(9%) ARKK(-4%) |
Factors Impacting DGAZ price | DGAZ will decline at least -5.49% in a week (0% probabilities). UNG(-86%) JETS(-47%) GDX(-46%) ACES(-46%) XLU(-37%) |
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 | -5.49% (StdDev 10.98%) |
Hourly BBV | 0 () |
Intraday Trend | 16.5% |
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