| UGAZ latest price $147.1000 (-1.28%) ($143.7000 - $150.8000) on Fri. Aug. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.13% (three month average) |
RSI | 70 |
Latest Price | $147.1000(-1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 3.1% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(31%) IDRV(30%) URA(28%) XLY(28%) SMH(27%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.065% in a week (0% probabilities). VIXM(-23%) VXX(-19%) SHY(-17%) TLT(-16%) IGOV(-15%) |
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 | -3.065% (StdDev 6.13%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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