| UGAZ latest price $1542.0000 (2.8%) ($1501.0000 - $1567.8300) on Wed. Mar. 1, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.17% (three month average) |
RSI | 24 |
Latest Price | $1542.0000(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.6% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -18.7% 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) UNG(99%) PEJ(15%) LIT(14%) XLY(14%) XOP(14%) |
Factors Impacting UGAZ price | UGAZ will decline at least -4.585% in a week (0% probabilities). TLT(-9%) SHY(-7%) IGOV(-6%) UUP(-5%) TIP(-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 | -4.585% (StdDev 9.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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