| UGAZ latest price $239250.0000 (-0.93%) ($230874.9800 - $241500.0000) on Wed. Sep. 18, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 61 |
Latest Price | $239250.0000(-0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 2.4% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 2.9% 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 -2.44% 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 | -2.44% (StdDev 4.88%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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