| UGAZ latest price $26.7600 (3.48%) ($24.5200 - $27.2850) on Mon. Mar. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.57% (three month average) |
RSI | 30 |
Latest Price | $26.7600(3.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.7% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -18.2% 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) IDRV(29%) XRT(29%) BLOK(28%) XLY(28%) XHB(27%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.785% in a week (0% probabilities). TLT(-29%) VIXM(-20%) TIP(-12%) IGOV(-12%) BNDX(-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 | -3.785% (StdDev 7.57%) |
Hourly BBV | 0 () |
Intraday Trend | 8.3% |
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