| URA latest price $23.5200 (1.82%) ($22.8600 - $23.5700) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 63 |
Latest Price | $23.5200(1.82%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | URA advances 1% a day on average for past five trading days. |
Weekly Trend | URA advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support URA advance at 0% a week (0% probability) EWJ(40%) IWD(35%) XLF(35%) EWI(34%) DIA(33%) |
Factors Impacting URA price | URA will decline at least -0.92% in a week (0% probabilities). VXX(-30%) VIXM(-27%) BNDX(-20%) UUP(-16%) TLT(-10%) |
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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1% |
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