| FAZ latest price $32.0405 (-0.43%) ($32.0236 - $32.4776) on Mon. Aug. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 26 |
Latest Price | $32.0405(-0.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.1% a day on average for past five trading days. |
Weekly Trend | FAZ declines -1.4% a week on average for past two weeks. |
Market Behavior | Normal 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%) IBUY(6%) UUP(5%) |
Factors Impacting FAZ price | FAZ will decline at least -1.59% in a week (0% probabilities). XLF(-16%) VYM(-16%) IWD(-16%) IVE(-16%) SDY(-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 | -1.59% (StdDev 3.18%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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