| UGAZ latest price $6075.0000 (3.85%) ($5525.0000 - $6200.0000) on Tue. Jan. 5, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.82% (three month average) |
RSI | 69 |
Latest Price | $6075.0000(3.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.1% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 30.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) XOP(15%) XLE(13%) LIT(12%) PEJ(12%) IVE(11%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.91% 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 | -3.91% (StdDev 7.82%) |
Hourly BBV | 0 () |
Intraday Trend | 9.5% |
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