| UGAZ latest price $2530.0000 (1.52%) ($2422.0000 - $2604.9700) on Wed. Mar. 30, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.27% (three month average) |
RSI | 64 |
Latest Price | $2530.0000(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.6% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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%) XLY(12%) |
Factors Impacting UGAZ price | UGAZ will decline at least -4.135% in a week (0% probabilities). TLT(-8%) UUP(-5%) SHY(-5%) IGOV(-4%) TIP(-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 | -4.135% (StdDev 8.27%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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