| UGAZ latest price $3119.0000 (6.23%) ($2980.0000 - $3165.0000) on Fri. Nov. 25, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.99% (three month average) |
RSI | 60 |
Latest Price | $3119.0000(6.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 6.5% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 10.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) PEJ(14%) LIT(13%) XLY(13%) XOP(13%) XLE(12%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.495% in a week (0% probabilities). TLT(-9%) SHY(-7%) 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 | -3.495% (StdDev 6.99%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
| |
|
|