| FAZ latest price $39.5911 (2%) ($38.7367 - $40.0183) on Tue. May. 17, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 65 |
Latest Price | $39.5911(2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.3% a day on average for past five trading days. |
Weekly Trend | FAZ advances 1.6% 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(10%) TIP(7%) UUP(5%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.425% in a week (0% probabilities). XLF(-16%) VYM(-16%) 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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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