| UGAZ latest price $15350.0000 (-3.61%) ($15100.0000 - $16135.0000) on Tue. Oct. 13, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 36 |
Latest Price | $15350.0000(-3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.8% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -7.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) XOP(16%) XLE(13%) PEJ(12%) IWD(11%) OIH(11%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.36% 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 | -2.36% (StdDev 4.72%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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