| UGAZ latest price $11.2800 (-6.85%) ($11.0600 - $11.8500) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.01% (three month average) |
RSI | 56 |
Latest Price | $11.2800(-6.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UGAZ advances 2.1% a day on average for past five trading days. |
Weekly Trend | UGAZ advances 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UGAZ advance at 0% a week (0% probability) IBUY(40%) JNK(66%) ARKG(38%) HYG(54%) GDXJ(45%) |
Factors Impacting UGAZ price | UGAZ will decline at least -5.505% in a week (0% probabilities). VXX(-48%) IBB(-16%) ARKK(27%) SIL(26%) XBI(25%) |
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 | -5.505% (StdDev 11.01%) |
Hourly BBV | 0 () |
Intraday Trend | -4.4% |
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