| FAZ latest price $44.4294 (-3.7%) ($44.1513 - $45.0653) on Wed. Jul. 1, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 55 |
Latest Price | $44.4294(-3.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAZ advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(12%) VIXM(11%) TIP(7%) BND(4%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -0.985% in a week (0% probabilities). XLF(-18%) VYM(-17%) IVE(-17%) XLI(-15%) XLB(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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