Technical Analysis for UGAZ - VelocityShares 3X Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return

Grade Last Price % Change Price Change
grade F 13.37 2.53% 0.33
UGAZ closed down 5.09 percent on Tuesday, November 19, 2019, on 1.16 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical UGAZ trend table...

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 2.53%
Narrow Range Bar Range Contraction 2.53%
NR7 Range Contraction 2.53%
Wide Bands Range Expansion 2.53%
Gapped Down Weakness 2.53%
Oversold Stochastic Weakness 2.53%
Stochastic Reached Oversold Weakness -2.69%
Wide Bands Range Expansion -2.69%
Gapped Down Weakness -2.69%
Oversold Stochastic Weakness -2.69%

Older signals for UGAZ ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
The investment seeks to replicate, net of expenses, three times the performance of the S&P GSCI Natural Gas Index ER. The index comprises futures contracts on a single commodity and is calculated according to the methodology of the S&P GSCI Index.
Is UGAZ a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 187.77
52 Week Low 11.0
Average Volume 20,544,634
200-Day Moving Average 21.078
50-Day Moving Average 16.3148
20-Day Moving Average 16.0465
10-Day Moving Average 16.231
Average True Range 1.5115
ADX 18.7
+DI 19.3711
-DI 32.8743
Chandelier Exit (Long, 3 ATRs ) 16.1255
Chandelier Exit (Short, 3 ATRs ) 16.8745
Upper Bollinger Band 20.623
Lower Bollinger Band 11.47
Percent B (%b) 0.17
BandWidth 57.040476
MACD Line -0.1918
MACD Signal Line 0.2593
MACD Histogram -0.4512
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.79
Resistance 3 (R3) 13.86 13.68 13.67
Resistance 2 (R2) 13.68 13.49 13.65 13.62
Resistance 1 (R1) 13.36 13.37 13.27 13.29 13.58
Pivot Point 13.18 13.18 13.14 13.15 13.18
Support 1 (S1) 12.86 12.99 12.77 12.79 12.50
Support 2 (S2) 12.68 12.87 12.65 12.46
Support 3 (S3) 12.36 12.68 12.42
Support 4 (S4) 12.29