| UGAZ latest price $72.9700 (-1.51%) ($69.8700 - $73.3700) on Mon. Jan. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7% (three month average) |
RSI | 33 |
Latest Price | $72.9700(-1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 0.9% a day on average for past five trading days. |
Weekly Trend | UGAZ declines -5.6% 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(33%) IDRV(32%) XHB(31%) XLY(31%) URA(30%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.5% in a week (0% probabilities). VIXM(-26%) VXX(-20%) TLT(-17%) TIP(-12%) BNDX(-6%) |
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 | -3.5% (StdDev 7%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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