| UGAZ latest price $30.4000 (-14.34%) ($29.6400 - $35.4250) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.13% (three month average) |
RSI | 54 |
Latest Price | $30.4000(-14.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 6.6% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 1.6% 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) BLOK(31%) XRT(28%) ICLN(27%) XHB(27%) XLY(27%) |
Factors Impacting UGAZ price | UGAZ will decline at least -4.565% in a week (0% probabilities). TLT(-44%) BND(-39%) VIXM(-20%) BNDX(-19%) TIP(-16%) |
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 | -4.565% (StdDev 9.13%) |
Hourly BBV | 0 () |
Intraday Trend | -11.8% |
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