Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

Winter spikes occur when temperatures are below average and NG is in short supply as happened last winter, but it's unpredictable. What's clear is that the overall trend is down .... here's the 3 year history of ups and downs -

 
 Trend Start  Price         Trend End     Price      Gain/Loss %   Days in Trend 
  
 01/07/16      680           01/06/16      542.5         -20.2%        2 
 01/12/16      532.5         01/08/16      740            39%          3 
 01/08/16      740           01/20/16      412.5         -44.3%        8 
 01/20/16      412.5         01/29/16      562.5          36.4%        8 
 01/29/16      562.5         02/04/16      327.5         -41.8%        5 
 02/12/16      325           02/08/16      440            35.4%        5 
 02/08/16      440           03/03/16      167.5         -61.9%        18 
 03/03/16      167.5         04/22/16      319.7          90.9%        36 
 04/22/16      319.7         05/19/16      200           -37.4%        20 
 05/19/16      200           07/01/16      501.83         150.9%       31 
 07/01/16      501.83        07/21/16      328.9         -34.5%        14 
 08/09/16      318.4         07/29/16      448.4          40.8%        8 
 07/29/16      448.4         08/11/16      292.8         -34.7%        10 
 08/11/16      292.8         10/13/16      548.9          87.5%        45 
 10/13/16      548.9         11/09/16      196.4         -64.2%        20 
 11/09/16      196.4         12/09/16      496.8          153%         22 
 12/09/16      496.8         12/20/16      323.3         -34.9%        8 
 12/20/16      323.3         12/28/16      524.9          62.4%        6 
 12/28/16      524.9         01/09/17      248           -52.8%        8 
 01/31/17      243.45        01/26/17      345.8          42%          4 
 01/26/17      345.8         02/27/17      136.6         -60.5%        22 
 02/27/17      136.6         04/06/17      235.3          72.3%        29 
 04/06/17      235.3         07/05/17      112           -52.4%        62 
 08/01/17      102.2         07/20/17      146            42.9%        9 
 07/20/17      146           11/01/17      80.8          -44.7%        74 
 11/01/17      80.8          11/13/17      114.9          42.2%        9 
 11/13/17      114.9         11/24/17      76            -33.9%        9 
 12/05/17      72.4          11/29/17      101.4          40.1%        5 
 11/29/17      101.4         12/21/17      49.72         -51%          17 
 12/21/17      49.72         01/30/18      105.66         112.5%       26 
 01/30/18      105.66        02/12/18      50.81         -51.9%        10 
 07/19/18      50.78         11/14/18      260.23         412.5%       84 
 11/14/18      260.23        11/15/18      105.1         -59.6%        2 
 11/15/18      105.1         11/19/18      193.99         84.6%        3 
 11/19/18      193.99        11/20/18      132.06        -31.9%        2 
 11/20/18      132.06        11/21/18      187.77         42.2%        2 
 11/21/18      187.77        11/26/18      122.59        -34.7%        3 
 11/26/18      122.59        11/28/18      179.98         46.8%        3 
 11/28/18      179.98        01/03/19      36.61         -79.7%        24 
 01/03/19      36.61         01/16/19      65.44          78.7%        10 
 01/16/19      65.44         02/07/19      26.85         -59%          16 
 04/15/19      26.34         03/05/19      37.45          42.2%        30 
 03/05/19      37.45         04/25/19      21.92         -41.5%        37 
  
 20190513      25.66