| UGAZ latest price $4283.0000 (3.48%) ($4128.0100 - $4315.0000) on Mon. Sep. 26, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 7.25% (three month average) |
| RSI | 72 |
| Latest Price | $4283.0000(3.48%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | UGAZ advances 1% a day on average for past five trading days. |
| Weekly Trend | UGAZ advances 10.8% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability)
PEJ(14%) XOP(13%) LIT(12%) XLE(12%) XLY(12%) |
| Factors Impacting UGAZ price | UGAZ will decline at least -3.625% in a week (0% probabilities).
TLT(-9%) SHY(-6%) UUP(-5%) TIP(-5%) IGOV(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.625% (StdDev 7.25%) |
| Hourly BBV | 0 () |
| Intraday Trend | 3.1% |
| | |
| |
|