| UGAZ latest price $215249.9800 (2.99%) ($199500.0000 - $215750.0000) on Tue. Aug. 27, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 73 |
Latest Price | $215249.9800(2.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.8% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 10.1% 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(3%) EWJ(3%) EWP(3%) OIH(3%) PCY(3%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.585% in a week (0% probabilities). TLT(-3%) TIP(-2%) FXI(-2%) SHY(-1%) LQD(-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 | -2.585% (StdDev 5.17%) |
Hourly BBV | 0 () |
Intraday Trend | 7.6% |
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