| UGAZ latest price $596.1000 (-1.78%) ($593.3100 - $606.2000) on Wed. May. 16, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 45 |
Latest Price | $596.1000(-1.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.6% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 2% 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) DRIV(17%) PEJ(17%) LIT(15%) XLY(15%) IVE(14%) |
Factors Impacting UGAZ price | UGAZ will decline at least -1.7% in a week (0% probabilities). TLT(-11%) SHY(-9%) IGOV(-9%) UUP(-7%) 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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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