| UGAZ latest price $1968.0300 (12.72%) ($1812.2000 - $1975.0000) on Mon. Mar. 20, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.76% (three month average) |
RSI | 72 |
Latest Price | $1968.0300(12.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.9% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 6% a week on average for past two weeks. |
Market Behavior | Value stocks 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) UNG(99%) PEJ(15%) XOP(15%) LIT(14%) XLY(14%) |
Factors Impacting UGAZ price | UGAZ will decline at least -4.38% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.38% (StdDev 8.76%) |
Hourly BBV | 0 () |
Intraday Trend | 8.3% |
| |
|
|