| UGAZ latest price $83.3000 (-5.02%) ($80.8000 - $83.7000) on Wed. Dec. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.07% (three month average) |
RSI | 34 |
Latest Price | $83.3000(-5.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.6% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -7.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(33%) IDRV(32%) URA(31%) XLY(31%) XRT(31%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.535% in a week (0% probabilities). VIXM(-26%) VXX(-20%) SHY(-20%) TLT(-18%) IGOV(-17%) |
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 | -3.535% (StdDev 7.07%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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