| UGAZ latest price $4300.0000 (10.97%) ($3677.5000 - $4450.0000) on Wed. Dec. 23, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.75% (three month average) |
RSI | 34 |
Latest Price | $4300.0000(10.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 4.1% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -16.6% 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 UGAZ advance at 0% a week (0% probability) XOP(15%) XLE(13%) PEJ(12%) IVE(11%) IWD(11%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.375% in a week (0% probabilities). TLT(-8%) UUP(-5%) SHY(-5%) TIP(-4%) IGOV(-3%) |
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 | -3.375% (StdDev 6.75%) |
Hourly BBV | 0 () |
Intraday Trend | 12.8% |
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