| UGAZ latest price $560.3000 (1.12%) ($534.4000 - $562.9500) on Fri. Feb. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.8% (three month average) |
RSI | 27 |
Latest Price | $560.3000(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.9% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -6.1% 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(17%) LIT(15%) XLY(15%) IVE(14%) IWD(14%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.9% in a week (0% probabilities). TLT(-11%) SHY(-9%) IGOV(-9%) UUP(-6%) TIP(-6%) |
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 | -3.9% (StdDev 7.8%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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