| UGAZ latest price $279750.0000 (1.73%) ($263375.0000 - $288500.0000) on Tue. Dec. 17, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 85 |
Latest Price | $279750.0000(1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.7% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 15.2% 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) EMHY(3%) EWJ(3%) EWP(3%) OIH(3%) PCY(3%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.335% in a week (0% probabilities). TLT(-3%) TIP(-2%) FXI(-2%) SHY(-1%) LQD(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.335% (StdDev 4.67%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
| |
|
|