| UGAZ latest price $3138.0000 (7.98%) ($2907.0000 - $3164.0000) on Mon. Jun. 6, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.67% (three month average) |
RSI | 74 |
Latest Price | $3138.0000(7.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 7.4% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 15.5% 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) PEJ(14%) XOP(14%) LIT(13%) IWD(12%) XLE(12%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.835% in a week (0% probabilities). TLT(-8%) SHY(-6%) UUP(-5%) TIP(-4%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.835% (StdDev 7.67%) |
Hourly BBV | 0 () |
Intraday Trend | 6.6% |
| |
|
|