| UGAZ latest price $3650.0000 (16.65%) ($3085.0000 - $3756.0000) on Thu. Jun. 9, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.83% (three month average) |
RSI | 84 |
Latest Price | $3650.0000(16.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 4.8% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 21.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) PEJ(14%) XOP(14%) LIT(13%) IWD(12%) XLE(12%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.915% in a week (0% probabilities). TLT(-8%) SHY(-6%) UUP(-5%) TIP(-4%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.915% (StdDev 7.83%) |
Hourly BBV | 0 () |
Intraday Trend | 16.7% |
| |
|
|