| UGAZ latest price $120.6000 (-1.23%) ($118.0100 - $126.6000) on Mon. Aug. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.02% (three month average) |
RSI | 35 |
Latest Price | $120.6000(-1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.7% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -6.8% 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(30%) IDRV(30%) URA(28%) XLY(28%) MCHI(27%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.01% in a week (0% probabilities). VIXM(-24%) VXX(-20%) SHY(-16%) TLT(-15%) IGOV(-14%) |
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 | -3.01% (StdDev 6.02%) |
Hourly BBV | 0 () |
Intraday Trend | -4.7% |
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