|DGAZ -- USA Etf|| |
USD 27.37 0.87 3.28%
Investors can use this prediction interface to forecast VelocityShares 3x historic prices and determine the direction of VelocityShares 3x Inv Natural Gas ETN future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of VelocityShares 3x historical fundamentals such as revenue growth or operating cash flow patterns. Additionally see Historical Fundamental Analysis of VelocityShares 3x
to cross-verify your projections.
VelocityShares 3x Inv Natural Gas ETN has current Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of VelocityShares 3x Inv Natural Gas ETN market sensitivity to bulls and bears. It estimates the ability of VelocityShares 3x buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring VelocityShares 3x Balance of Power indicator one can determine a trend of the price direction.
VelocityShares 3x Trading Date Momentum
|On July 18 2018 VelocityShares 3x Inv Natural Gas ETN was traded for 27.37 at the closing time. The top price for the day was 27.47 and the lowest listed price was 26.53 . The trading volume for the day was 3.1 M. The trading history from July 18, 2018 did not result in any price rise and fall. The trading price change against the current closing price is 2.74% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.