| UGAZ latest price $230500.0000 (2.62%) ($220000.0000 - $233750.0200) on Fri. Sep. 13, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 64 |
Latest Price | $230500.0000(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 2.3% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 1.4% 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 -2.55% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.55% (StdDev 5.1%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
| |
|
|