| UGAZ latest price $2240.0000 (7.43%) ($2000.0000 - $2250.0000) on Thu. Mar. 10, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.51% (three month average) |
RSI | 43 |
Latest Price | $2240.0000(7.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 5.9% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -8.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -4.755% in a week (0% probabilities). TLT(-8%) UUP(-5%) SHY(-5%) TIP(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.755% (StdDev 9.51%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|