| URA latest price $20.3400 (0.1%) ($20.2900 - $20.4980) on Mon. May. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 65 |
Latest Price | $20.3400(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | URA advances 0.1% a day on average for past five trading days. |
Weekly Trend | URA advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support URA advance at 0% a week (0% probability) EWJ(45%) XME(44%) VT(42%) IWC(41%) XAR(41%) |
Factors Impacting URA price | URA will decline at least -0.825% in a week (0% probabilities). VXX(-34%) VIXM(-32%) UUP(-23%) BLOK(-7%) ACES(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.825% (StdDev 1.65%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.2% |
| |
|
|