| FAZ latest price $50.2712 (4.63%) ($46.3172 - $50.4997) on Fri. Jan. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 71 |
Latest Price | $50.2712(4.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 4.3% a day on average for past five trading days. |
Weekly Trend | FAZ advances 5.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(12%) VIXM(11%) TIP(7%) UUP(5%) BND(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.685% in a week (0% probabilities). XLF(-17%) VYM(-17%) SDY(-16%) IWD(-16%) IVE(-16%) |
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 | -1.685% (StdDev 3.37%) |
Hourly BBV | 0 () |
Intraday Trend | 8% |
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