| DGAZ latest price $2890.0000 (15.51%) ($2720.0000 - $2895.0000) on Mon. Feb. 29, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.32% (three month average) |
RSI | 92 |
Latest Price | $2890.0000(15.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DGAZ advances 5.6% a day on average for past five trading days. |
Weekly Trend | DGAZ advances 25.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support DGAZ advance at 0% a week (0% probability) TLT(9%) TIP(5%) UUP(5%) IGOV(4%) SHY(4%) |
Factors Impacting DGAZ price | DGAZ will decline at least -4.66% in a week (0% probabilities). UNG(-99%) XOP(-15%) PEJ(-14%) XLE(-13%) LIT(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.66% (StdDev 9.32%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|