| UGAZ latest price $377751.2500 (10.98%) ($361250.0000 - $378750.0000) on Mon. Jul. 9, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.32% (three month average) |
RSI | 62 |
Latest Price | $377751.2500(10.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.9% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 12.2% 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) EMHY(2%) EWJ(2%) EWP(2%) EWY(2%) EEM(1%) |
Factors Impacting UGAZ price | UGAZ will decline at least -5.16% in a week (0% probabilities). GLD(-7%) TLT(-2%) REMX(-2%) IGOV(-2%) XLP(-1%) |
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 | -5.16% (StdDev 10.32%) |
Hourly BBV | 0 () |
Intraday Trend | 4.5% |
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