| URA latest price $29.0900 (1.25%) ($28.3900 - $29.1300) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 54 |
Latest Price | $29.0900(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | URA advances 0.2% a day on average for past five trading days. |
Weekly Trend | URA declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support URA advance at 0% a week (0% probability) IVW(62%) IWC(50%) IYT(46%) SKYY(45%) JETS(43%) |
Factors Impacting URA price | URA will decline at least -1.02% in a week (0% probabilities). VXX(-53%) BNDX(-40%) UUP(-37%) CEMB(-37%) SHY(-31%) |
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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 2.5 () |
Intraday Trend | 1.1% |
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