| URA latest price $28.8100 (0.35%) ($28.2400 - $28.8800) on Wed. Nov. 22, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 59 |
Latest Price | $28.8100(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | URA advances 0.8% a day on average for past five trading days. |
Weekly Trend | URA advances 3.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support URA advance at 0% a week (0% probability) IWC(36%) IGOV(34%) PAVE(34%) XLE(34%) XOP(33%) |
Factors Impacting URA price | URA will decline at least -0.975% in a week (0% probabilities). VXX(-45%) CEMB(-36%) BNDX(-34%) UUP(-29%) VIXM(-24%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.975% (StdDev 1.95%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.1% |
| |
|
|