| UGAZ latest price $557.7000 (0.49%) ($551.7900 - $569.0000) on Thu. Jul. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 38 |
Latest Price | $557.7000(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.5% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(17%) PEJ(17%) LIT(16%) ACES(15%) XLY(15%) |
Factors Impacting UGAZ price | UGAZ will decline at least -1.77% in a week (0% probabilities). TLT(-11%) SHY(-10%) IGOV(-9%) UUP(-7%) TIP(-6%) |
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 | -1.77% (StdDev 3.54%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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