| UGAZ latest price $20675.0000 (2.1%) ($20376.7500 - $21900.0000) on Thu. Sep. 10, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 38 |
Latest Price | $20675.0000(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.7% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -2.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) XOP(16%) XLE(13%) IWD(11%) OIH(11%) PEJ(11%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.64% in a week (0% probabilities). TLT(-7%) UUP(-6%) SHY(-4%) TIP(-3%) IGOV(-2%) |
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 | -2.64% (StdDev 5.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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