| UGAZ latest price $45.7100 (-1.06%) ($44.0200 - $48.8300) on Thu. Feb. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 27 |
Latest Price | $45.7100(-1.06%) |
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 -7.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) DRIV(33%) IDRV(33%) XLY(32%) URA(31%) XHB(31%) |
Factors Impacting UGAZ price | UGAZ will decline at least -3.265% in a week (0% probabilities). VIXM(-26%) VXX(-20%) TLT(-17%) TIP(-12%) SHY(-10%) |
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 | -3.265% (StdDev 6.53%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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