| UGAZ latest price $4216.0000 (-4.64%) ($4170.0000 - $4859.0000) on Wed. Dec. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.4% (three month average) |
RSI | 81 |
Latest Price | $4216.0000(-4.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 3.5% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 27.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) PEJ(14%) LIT(13%) XLY(13%) XOP(13%) XLE(12%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.7% in a week (0% probabilities). TLT(-9%) SHY(-6%) UUP(-5%) TIP(-4%) IGOV(-4%) |
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 | -3.7% (StdDev 7.4%) |
Hourly BBV | 0 () |
Intraday Trend | -11.4% |
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