| UGAZ latest price $31.4400 (-11.81%) ($29.3200 - $37.0710) on Tue. Apr. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.06% (three month average) |
RSI | 59 |
Latest Price | $31.4400(-11.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 4.3% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 8.5% 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) BLOK(45%) QQQ(32%) SMH(32%) TBT(32%) REMX(31%) |
Factors Impacting UGAZ price | UGAZ will decline at least -5.03% in a week (0% probabilities). TLT(-57%) TIP(-32%) VCSH(-26%) IGOV(-20%) VIXM(-19%) |
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 | -5.03% (StdDev 10.06%) |
Hourly BBV | 0 () |
Intraday Trend | -11.3% |
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