I do not trade DGAZ/UGAZ.
My only preference is Futures and Options. DGAZ continues to underperform both by a very wide margin.
IF you are limited to trading PETF’s – The Daily chart has a large extension below in the 14’s.
It continues to selloff when NG is falling. It did exceed it’s -236 or Line in the Sand, it’s frankly dependent on how it’s owners manage Derivatives and from the looks of the long term chart, that has been a one way trade.