| FAZ latest price $39.4321 (-0.82%) ($39.4023 - $41.3098) on Thu. Jun. 16, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 69 |
Latest Price | $39.4321(-0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.7% a day on average for past five trading days. |
Weekly Trend | FAZ advances 5.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(10%) TIP(7%) UUP(6%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.205% 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 | -1.205% (StdDev 2.41%) |
Hourly BBV | 0 () |
Intraday Trend | -2.7% |
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