| UGAZ latest price $38.1000 (17.88%) ($29.9000 - $38.1300) on Mon. Mar. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.55% (three month average) |
RSI | 37 |
Latest Price | $38.1000(17.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 2% 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(32%) IDRV(32%) XHB(32%) URA(31%) XLY(31%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.275% in a week (0% probabilities). VIXM(-25%) VXX(-18%) TLT(-16%) TIP(-10%) SHY(-7%) |
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 | -3.275% (StdDev 6.55%) |
Hourly BBV | 0 () |
Intraday Trend | 15.9% |
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