| UGAZ latest price $248.5000 (5.43%) ($243.6000 - $253.8000) on Fri. Apr. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.82% (three month average) |
RSI | 35 |
Latest Price | $248.5000(5.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.2% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -10.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(26%) XLY(25%) URA(24%) XRT(24%) LIT(23%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.41% in a week (0% probabilities). SHY(-17%) IGOV(-16%) TLT(-15%) TIP(-10%) VXX(-7%) |
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 | -2.41% (StdDev 4.82%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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