| UGAZ latest price $2393.0000 (4.59%) ($2298.0000 - $2410.0000) on Wed. Nov. 16, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 6.95% (three month average) |
| RSI | 33 |
| Latest Price | $2393.0000(4.59%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | UGAZ advances 1% a day on average for past five trading days. |
| Weekly Trend | UGAZ declines -14.8% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability)
PEJ(14%) XOP(14%) LIT(13%) XLY(13%) XLE(12%) |
| Factors Impacting UGAZ price | UGAZ will decline at least -3.475% in a week (0% probabilities).
TLT(-9%) SHY(-7%) UUP(-5%) IGOV(-5%) TIP(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.475% (StdDev 6.95%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.9% |
| | |
| |
|