| URA latest price $29.0100 (-2.52%) ($28.9050 - $29.8600) on Fri. Dec. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 50 |
Latest Price | $29.0100(-2.52%) |
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 0.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support URA advance at 0% a week (0% probability) IWC(45%) SKYY(45%) EWP(41%) EWY(39%) IDRV(39%) |
Factors Impacting URA price | URA will decline at least -1.025% in a week (0% probabilities). VXX(-72%) UUP(-39%) BNDX(-38%) CEMB(-25%) XLU(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.025% (StdDev 2.05%) |
Hourly BBV | 0.2 () |
Intraday Trend | -2.6% |
| |
|
|