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 22.53 -6.98% -1.69
UGAZ closed down 6.98 percent on Tuesday, April 23, 2019, on 1.4 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

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

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -6.98%
Narrow Range Bar Range Contraction -6.98%

Older signals for UGAZ ...

Get a Trading Assistant

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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 260.23
52 Week Low 22.3
Average Volume 4,139,784
200-Day Moving Average 66.0101
50-Day Moving Average 31.2774
20-Day Moving Average 28.1565
10-Day Moving Average 26.419
Average True Range 1.5619
ADX 32.03
+DI 13.5072
-DI 47.4227
Chandelier Exit (Long, 3 ATRs ) 28.2643
Chandelier Exit (Short, 3 ATRs ) 26.9857
Upper Bollinger Band 33.5445
Lower Bollinger Band 22.7685
Percent B (%b) -0.02
BandWidth 38.271802
MACD Line -2.6181
MACD Signal Line -2.1641
MACD Histogram -0.454
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.87
Resistance 3 (R3) 23.94 23.56 23.64
Resistance 2 (R2) 23.56 23.22 23.53 23.57
Resistance 1 (R1) 23.05 23.01 22.86 22.98 23.49
Pivot Point 22.67 22.67 22.58 22.64 22.67
Support 1 (S1) 22.16 22.33 21.97 22.09 21.57
Support 2 (S2) 21.78 22.12 21.75 21.49
Support 3 (S3) 21.27 21.78 21.42
Support 4 (S4) 21.20