| UGAZ latest price $34.9700 (-11.22%) ($34.7800 - $38.6800) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.25% (three month average) |
RSI | 42 |
Latest Price | $34.9700(-11.22%) |
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 -11.7% 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(33%) IDRV(33%) URA(32%) XHB(32%) XLY(32%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.125% in a week (0% probabilities). VIXM(-26%) VXX(-19%) TLT(-16%) TIP(-11%) SHY(-9%) |
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 | -3.125% (StdDev 6.25%) |
Hourly BBV | 0 () |
Intraday Trend | -8.8% |
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