| UGAZ latest price $30.9200 (17.34%) ($28.8600 - $31.4400) on Mon. May. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.8% (three month average) |
RSI | 59 |
Latest Price | $30.9200(17.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 1.9% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 0.7% 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) XHB(54%) REMX(50%) TBT(61%) IVW(45%) XRT(42%) |
Factors Impacting UGAZ price | UGAZ will decline at least -5.4% in a week (0% probabilities). VIXM(-30%) TIP(-30%) VCSH(-17%) VCIT(-17%) LQD(-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 | -5.4% (StdDev 10.8%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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