Trading Signals: UGAZ Stock Price Prediction and Forecast

^ UGAZ: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Jan. 16, 2020

Trading Signals: UGAZ Stock Price Prediction and Forecast (Wed. Feb. 8, 2012 - Mon. Jul. 13, 2020)

(VelocityShares 3x Long Natural Gas ETN)
UGAZ latest price $61.8400 (-6.05%) ($61.1910 - $69.0000) on Thu. Jan. 16, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.01% (three month average)
RSI   22
Latest Price   $61.8400(-6.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   UGAZ declines -2.4% a day on average for past five trading days.
Weekly Trend   UGAZ declines -3.9% 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(33%)    IDRV(32%)    XHB(31%)    XLY(31%)    XRT(31%)
Factors Impacting UGAZ price   UGAZ will decline at least -3.505% in a week (0% probabilities).
VIXM(-26%)    VXX(-20%)    SHY(-19%)    TLT(-17%)    TIP(-12%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.505% (StdDev 7.01%)
Hourly BBV 0 ()
Intraday Trend -6%

1 - 5 Day Possible Target   $54.22(-12.32%)
Inflection Point   Yes
Resistance Level   $73.61
5 Day Moving Average   $69.28(-10.74%)
10 Day Moving Average   $69.29(-10.75%)
20 Day Moving Average   $73.61(-15.99%)
To recent high   -69.6%
To recent low   0%
Market Cap   $N/A

Average daily price decay: -0.05%

$. UGAZ is a 3x leveraged ETF. You'll lose 0.05% a day on average for holding it.$. UGAZ price fluctuates within 8.74% (three month std-dev: 7.01%) daily (68% of days).

Sample size 10 Average positive next day return: 3.59%(20%) Average negative next day return: -6.86%(80%) Sample size 10 Average positive next three day return: 2.47%(20%) Average negative next three day return: -14.72%(80%) Sample size 10 Average positive next weekly return: 5.08%(20%) Average negative next weekly return: -17.41%(80%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200216

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_16_2020	134.51	73.61	69.29	69.28	69.26	65.3	61.84(-6.05%)	DT	HoldShort	-65	-1.2	-54	-400	-53	-55	6.39	41%	-0.59	-63.7	7.01%	0	-1.8	22	2.2
2	Jan_15_2020	135.31	74.91	70	71.01	71.75	70.27	65.82(-8.18%)	DT	OpenShort	-75	-0.8	-31	-110	-27	-42	5.47	41%	-0.51	-57.4	7%	0	-1.5	39	2
3	Jan_14_2020	136	76.13	70.73	71.79	72.42	73.22	71.68(-1.77%)	DP	OpenShort	-65	-0	-2	100	7	-29	3.95	42%	-0.5	-47	6.97%	0	-0.7	41	2.3
4	Jan_13_2020	136.68	76.81	70.9	71.47	71.17	73.24	72.97(-1.51%)	N/A	N/A	0	0.2	2	190	17	-42	3.34	42%	-0.4	-48.3	7%	0	-0.5	33	2.5
5	Jan_10_2020	137.23	77.61	71.46	70.82	70.56	71.63	74.09(5.14%)	N/A	N/A	0	0.4	11	100	29	-45	4.1	42%	-0.38	-56.6	7.05%	0	-0.5	39	1.4

6	Jan_9_2020	137.76	77.96	72.12	69.42	69.25	69.1	70.47(1.08%)	DP	OpenShort	-75	0.1	-17	-20	-0	-67	3.69	41%	-0.44	-68.8	7.02%	0	-1	36	1.4
7	Jan_8_2020	138.37	78.63	72.64	68.9	69.1	69.5	69.72(-0.53%)	DT	OpenShort	-75	0.1	-22	50	-2	-82	4.69	41%	-0.5	-84.1	7.06%	0	-1.2	32	0.7
8	Jan_7_2020	139.07	79.29	73.45	69.55	69.01	69.41	70.09(0.49%)	DP	OpenShort	-75	0.1	-23	20	-1	-90	3.28	41%	-0.47	-91.5	7.06%	0	-1.2	30	0.6
9	Jan_6_2020	139.73	80.45	75.14	70.29	69.69	68.7	69.75(4.03%)	DP	OpenShort	-75	-0.1	-33	-130	-14	-89	4.03	41%	-0.47	-93.9	7.09%	0	-1.5	37	0.6
10	Jan_3_2020	140.39	82.03	76.59	72.26	71.39	68.61	67.05(-1.27%)	DT	OpenShort	-75	-0.7	-49	-310	-35	-92	4.01	44%	-0.52	-94.8	7.06%	0	-2.1	31	0.5

11	Jan_2_2020	141.13	83.76	78.27	75.26	73.56	70.68	67.91(-6.88%)	DT	OpenShort	-75	-0.9	-52	-340	-44	-77	5.08	44%	-0.33	-89.6	7.2%	0	-2	43	1.3
12	Dec_31_2019	141.6	85.62	80.28	76.84	76.86	74.17	72.93(-1.21%)	DT	OpenShort	-75	-0.4	-32	-240	-23	-57	3.75	44%	-0.34	-85.3	7.18%	0	-1.4	44	0.9
13	Dec_30_2019	142.09	86.69	82.06	77.84	77.62	76.44	73.82(-7.26%)	DT	OpenShort	-75	-0.5	-38	-110	-34	-49	3.71	42%	-0.34	-111.9	7.19%	0	-1.5	46	0.4
14	Dec_27_2019	142.58	87.68	83.32	80.67	78.12	79.56	79.6(-3%)	DT	OpenShort	-75	-0.1	-15	30	-10	-31	6.72	43%	-0.31	-132.4	7.22%	0	-1	41	0.9
15	Dec_26_2019	143.02	89.49	84.33	81.63	80.88	78.81	82.06(8.26%)	N/A	N/A	0	0.1	4	-210	14	-27	3.38	42%	-0.08	-139.9	7.24%	0	-0.9	37	1.2

16	Dec_24_2019	143.14	91.39	84.28	81.88	80.8	76.69	75.8(-2.71%)	DT	OpenShort	-75	-0.5	-63	-400	-59	-73	2.43	40%	-0.29	-95.2	7.15%	0	-1.3	32	1.3
17	Dec_23_2019	143.55	94.01	85.16	84.26	82.63	82.96	77.91(-11.47%)	DT	OpenShort	-75	-0.4	-41	-30	-32	-69	3.62	40%	-0.34	-81	7.16%	0	-1.1	32	1.2
18	Dec_20_2019	144.04	97.44	85.71	86.84	84.92	84.91	88(4.27%)	N/A	N/A	0	0.1	1	-70	17	-47	2.77	42%	-0.31	-62.6	7.04%	0	-0.5	48	1.5
19	Dec_19_2019	144.49	99.84	86.16	86.38	85.7	82.3	84.4(1.32%)	DP	OpenShort	-75	-0.1	-36	-300	-26	-67	3.42	40%	-0.43	-60.7	7.01%	0	-0.8	46	1.8
20	Dec_18_2019	145.11	102.34	87.82	87.46	86.59	84.93	83.3(-5.02%)	DT	OpenShort	-75	-0.2	-44	-160	-33	-76	2.82	40%	-0.31	-61.4	7.07%	0	-0.9	34	1.7

21	Dec_17_2019	145.56	104.67	89.59	86.98	87.73	89.1	87.7(-3.41%)	DP	OpenShort	-65	0	-9	140	13	-75	2.26	40%	-0.25	-65.7	7.06%	0	-0.8	34	2.1
22	Dec_16_2019	145.92	107.1	91.25	86.14	86.79	88.26	90.8(5.95%)	DP	OpenShort	-65	0.2	-20	140	6	-98	2.45	42%	-0.29	-68.4	7.06%	0	-0.7	32	2.2