| UGAZ latest price $1384.2000 (13.53%) ($1242.4000 - $1385.7000) on Mon. Nov. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6% (three month average) |
RSI | 79 |
Latest Price | $1384.2000(13.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 5.6% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 19.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) LIT(16%) XLY(16%) ACES(15%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3% in a week (0% probabilities). TLT(-11%) SHY(-10%) IGOV(-10%) 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 | -3% (StdDev 6%) |
Hourly BBV | 0 () |
Intraday Trend | 7.9% |
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