| UGAZ latest price $688.0000 (-6.75%) ($678.9700 - $748.7000) on Wed. Sep. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 72 |
Latest Price | $688.0000(-6.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.9% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 11.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(18%) PEJ(17%) ACES(16%) LIT(16%) URA(15%) |
Factors Impacting UGAZ price | UGAZ will decline at least -1.875% in a week (0% probabilities). TLT(-12%) SHY(-11%) IGOV(-10%) UUP(-7%) TIP(-7%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 0 () |
Intraday Trend | -6.1% |
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