| UGAZ latest price $1947.5000 (8.65%) ($1755.0000 - $2017.2500) on Mon. Mar. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.43% (three month average) |
RSI | 28 |
Latest Price | $1947.5000(8.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.4% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -19.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) PEJ(14%) LIT(13%) XLE(13%) IWD(12%) |
Factors Impacting UGAZ price | UGAZ will decline at least -4.715% in a week (0% probabilities). TLT(-8%) SHY(-6%) UUP(-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 | -4.715% (StdDev 9.43%) |
Hourly BBV | 0 () |
Intraday Trend | 9.7% |
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