| UGAZ latest price $777.8000 (10.29%) ($744.2000 - $781.4000) on Mon. Oct. 1, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 71 |
Latest Price | $777.8000(10.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.4% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 12.5% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(15%) URA(15%) |
Factors Impacting UGAZ price | UGAZ will decline at least -2.015% in a week (0% probabilities). TLT(-12%) SHY(-11%) IGOV(-10%) IFRA(-9%) UUP(-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 | -2.015% (StdDev 4.03%) |
Hourly BBV | 0 () |
Intraday Trend | 4.5% |
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