| UGAZ latest price $178.7000 (12.11%) ($164.8000 - $182.7000) on Wed. Sep. 4, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.24% (three month average) |
| RSI | 74 |
| Latest Price | $178.7000(12.11%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | UGAZ advances 6.4% a day on average for past five trading days. |
| Weekly Trend | UGAZ advances 8.4% 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(31%) IDRV(30%) URA(28%) XLY(28%) XRT(28%) |
| Factors Impacting UGAZ price | UGAZ will decline at least -3.12% in a week (0% probabilities).
VIXM(-23%) VXX(-19%) SHY(-18%) TLT(-16%) IGOV(-15%) |
| 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 | -3.12% (StdDev 6.24%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.8% |
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