| UGAZ latest price $9.5000 (5.32%) ($8.9800 - $9.8000) on Thu. Jul. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.64% (three month average) |
RSI | 42 |
Latest Price | $9.5000(5.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 5.9% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) ACES(67%) MCHI(95%) FXI(65%) GDX(48%) XLU(45%) |
Factors Impacting UGAZ price | UGAZ will decline at least -5.82% in a week (0% probabilities). IPO(-1%) ARKG(3%) VWO(18%) XBI(-8%) VXX(-22%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -5.82% (StdDev 11.64%) |
Hourly BBV | 0 () |
Intraday Trend | 5.8% |
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