Natural Gas 3X Long ETN Velocityshares (UGAZ)
We assign a technical rating of 0 out of 10 to UGAZ. UGAZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than UGAZ.
UGAZ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so UGAZ is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
UGAZ has an average volume of 15800000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month UGAZ has a been trading in the 6.75 - 13.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UGAZ has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.71
12.92
We can see 3 important resistance areas.
- Resistance @11.48 from a trend line in the daily time frame.
- Resistance @12.12 from a horizontal line in the daily time frame.
- Resistance @12.79 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.13
Mansfield-8.73
10 Day High13.09
10 Day Low6.96
20 Day High13.57
20 Day Low6.75
52 Week High239.8
52 Week Low6.75
Performance
1 Week13.89%
2 Weeks54.13%
1 Month-21.65%
3 Month-61.45%
6 Month-85.4%
12 Month-94.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.6
RSI(14)46.29
LBB6.97
UBB12.61
Natural Gas 3X Long ETN Velocityshares
NYSEARCA:UGAZ (7/10/2020, 7:04:06 PM)
After market: 10.9 +0.08 (+0.74%)10.82
+0.53 (+5.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.15%
1 Week13.89%
2 Weeks54.13%
1 Month-21.65%
3 Month-61.45%
6 Month-85.4%
12 Month-94.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.44
ATR(20)%12.47%
ATR Inc
Range Today0.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.09
10 Day Low6.96
20 Day High13.57
20 Day Low6.75
52 Week High239.8
52 Week Low6.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.33M
Volume Incr-52.19%
Vol(5)8.04M
Vol(50)15.80M