| UGAZ latest price $407499.9700 (4.22%) ($402623.7500 - $428625.0000) on Wed. Apr. 10, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.65% (three month average) |
RSI | 57 |
Latest Price | $407499.9700(4.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 2.5% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) USO(3%) EMHY(2%) EWJ(2%) OIH(2%) PCY(2%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.825% in a week (0% probabilities). GLD(-5%) XLP(-3%) TIP(-2%) REMX(-2%) XLY(-1%) |
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 | -2.825% (StdDev 5.65%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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