| UGAZ latest price $948.9000 (6.52%) ($891.5000 - $954.5000) on Wed. Oct. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 68 |
Latest Price | $948.9000(6.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.1% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(18%) PEJ(18%) ACES(16%) LIT(15%) XLY(15%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.21% in a week (0% probabilities). TLT(-12%) 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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
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