| UGAZ latest price $3205.0000 (2.14%) ($3001.0000 - $3225.0000) on Tue. Jun. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.62% (three month average) |
RSI | 74 |
Latest Price | $3205.0000(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 5% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 18.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -3.81% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.81% (StdDev 7.62%) |
Hourly BBV | 0 () |
Intraday Trend | 6.8% |
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