| DGAZ latest price $540.5530 (-2.4%) ($532.9710 - $589.3900) on Fri. Jun. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.98% (three month average) |
RSI | 82 |
Latest Price | $540.5530(-2.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DGAZ advances 7.8% a day on average for past five trading days. |
Weekly Trend | DGAZ advances 23.2% 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) VXX(12%) XBI(16%) ARKG(8%) ARKK(-8%) JNK(7%) |
Factors Impacting DGAZ price | DGAZ will decline at least -5.49% in a week (0% probabilities). ACES(-49%) UNG(-85%) IPO(-25%) JETS(-49%) KWEB(-20%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.49% (StdDev 10.98%) |
Hourly BBV | 0 () |
Intraday Trend | -8.3% |
| |
|
|