| UGAZ latest price $1230.0000 (2.16%) ($1210.0000 - $1266.0000) on Thu. Aug. 24, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 71 |
Latest Price | $1230.0000(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.6% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 3.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) PEJ(16%) LIT(15%) XLY(15%) IVE(14%) IWD(14%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.64% in a week (0% probabilities). TLT(-10%) SHY(-8%) UUP(-6%) TIP(-6%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.64% (StdDev 5.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|