| UGAZ latest price $358.2000 (4.37%) ($351.7100 - $366.8000) on Fri. Mar. 1, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.37% (three month average) |
RSI | 71 |
Latest Price | $358.2000(4.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 2.5% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 9.2% 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(25%) XLY(25%) XRT(24%) LIT(23%) URA(23%) |
Factors Impacting UGAZ price | UGAZ will decline at least -5.185% in a week (0% probabilities). SHY(-18%) TLT(-16%) IGOV(-16%) TIP(-10%) VXX(-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 | -5.185% (StdDev 10.37%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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