| UGAZ latest price $71.6800 (-1.77%) ($71.2660 - $77.3720) on Tue. Jan. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.97% (three month average) |
RSI | 41 |
Latest Price | $71.6800(-1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.5% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(33%) IDRV(32%) XHB(31%) XLY(31%) URA(30%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.485% in a week (0% probabilities). VIXM(-26%) VXX(-20%) SHY(-19%) TLT(-17%) TIP(-12%) |
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 | -3.485% (StdDev 6.97%) |
Hourly BBV | 0 () |
Intraday Trend | -7.2% |
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