dgaz stock price
Natural gas hasn't done abundant back mid-March. The United States Accustomed Gas Fund (UNG) is channeling amid $7.03 and $6.28, afterward a animation off the March 3 low of $5.78. Whether accustomed gas goes up or down, the blemish of the ambit presents a trading opportunity. Leveraged and changed accustomed gas ETNs additionally accommodate a way to access returns, and barter a move in either administration (without demography a abbreviate position).
["580.06"]
DGAZ - Natural Gas -3X Inverse ETN Velocityshares, Stock Quote ... | dgaz stock priceIf the United States Accustomed Gas Fund rallies aloft $7.03 (especially if it closes aloft $7.03) that signals an upside blemish and acceptable added amount appreciation. The ambit is $0.75 advanced ($7.03 - $6.28) so an almost upside ambition is $7.78 ($7.03 $0.75). The upside blemish could arresting a longer-term trend change, though. In backward March, UNG bankrupt aloft a multi-month bottomward trendline in the $6.90 region, but so far has backward abreast that level. Continued backbone would affirm the trendline breach and point to college prices, potentially into the $9 arena over the abutting four to six months.
The abiding trend is still bottomward at the moment, though, and a bead beneath $6.28 would accumulate that declivity alive. If UNG avalanche beneath $6.28, the antecedent ambition is $5.53 ($6.28 - $0.75). As continued as the declivity stays in effect, there is a achievability for alike lower prices.
["679"]
VelocityShares 3x Inverse Natural Gas ETN (DGAZ) Stock Chart ... | dgaz stock priceVelocityShares 3x Continued Accustomed Gas ETN (UGAZ) moves three times as abundant as accustomed gas, on a circadian basis. As a leveraged ETN it is meant for concise trading, as against to longer-term trading, back over the long-run it doesn't accurately clue the amount movements of accustomed gas (it alone advance circadian movement). But if attractive for a accustomed gas ETN that has added movement, this one does. It bottomed at $16.75 in aboriginal March and is now trading in a ambit amid $28.27 and $20.48. The ambit is $7.79 wide. If the amount breach aloft $28.27, the ambition is $36.06. If the amount drops beneath $20.48, the ambition is $12.69.
["452.02"]
VELOCITYSHARES 3X INVERSE NATURAL GAS ETN LINKED TO THE S | dgaz stock priceVelocityShares 3x Changed Accustomed Gas ETN (DGAZ) moves three times as abundant as accustomed gas on a circadian basis, and additionally moves in the adverse direction. Therefore, while UNG has confused college off its March low, DGAZ has collapsed from its March aerial of $32.28. If accustomed gas and UNG breach college (out of their own ranges), again DGZA will abide to decline. If accustomed gas and UNG bead beneath their accepted range, DGAZ will rally.
["452.02"]
VELOCITYSHARES 3X INVERSE NATURAL GAS ETN LINKED TO THE S | dgaz stock priceNotice how DGAZ is not currently in a range, admitting it has always beneath back peaking on $32.28. The blueprint shows how these leveraged and changed ETNs can abstract from the amount movements of accustomed gas if captivation positions for best than a day. If UNG breach aloft $7.03, apprehend DGAZ to abatement to about $9.50. If UNG breach beneath $6.28, watch for DGAZ to assemblage to $31.75 (these targets attack to atone for the longer-term abstract with accustomed gas prices).
["679"]
VelocityShares 3x Inverse Natural Gas ETN (DGAZ) Stock Report ... | dgaz stock priceNatural gas is presenting a trading opportunity, whether it breach aloft or beneath its concise range. Right now it looks assertive to breach higher. Leveraged ETNs accept bigger intra-day amount moves, which may be adopted by some concise traders. The changed accustomed gas ETN is additionally leveraged. It moves in the adverse administration as accustomed gas, accouterment a way for traders to participate in a abatement in accustomed gas prices after demography a abbreviate position (because they can buy the changed ETN, and it will go up in the concise if accustomed gas declines). Leveraged and changed ETNs are circuitous banking instruments, and generally acquaintance acute animation and amount gaps. Read the ETN's prospectus, afore trading, to accept all the risks.
["388"]
Velocityshares 3X Inverse Natural Gas Etn Linked TO The S | dgaz stock price["452.02"]
VELOCITYSHARES 3X INVERSE NATURAL GAS ETN LINKED TO THE S | dgaz stock price["1241.6"]
3X Inverse Natural Gas ETN Velocityshares (DGAZ) Stock Chart ... | dgaz stock price["452.02"]
VELOCITYSHARES 3X INVERSE NATURAL GAS ETN LINKED TO THE S | dgaz stock price["452.02"]
VELOCITYSHARES 3X INVERSE NATURAL GAS ETN LINKED TO THE S | dgaz stock price