| UGAZ latest price $127.5000 (5.72%) ($121.7000 - $131.0000) on Tue. Aug. 13, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.08% (three month average) |
| RSI | 44 |
| Latest Price | $127.5000(5.72%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | UGAZ advances 1.2% a day on average for past five trading days. |
| Weekly Trend | UGAZ declines -4.4% 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(30%) IDRV(30%) URA(28%) XLY(28%) MCHI(27%) |
| Factors Impacting UGAZ price | UGAZ will decline at least -3.04% in a week (0% probabilities).
VIXM(-24%) VXX(-19%) SHY(-16%) TLT(-15%) IGOV(-14%) |
| 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 | -3.04% (StdDev 6.08%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.4% |
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