| FAZ latest price $21.2709 (-2.01%) ($20.8238 - $21.6288) on Thu. Dec. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 28 |
Latest Price | $21.2709(-2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.2% a day on average for past five trading days. |
Weekly Trend | FAZ declines -6.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.12% in a week (0% probabilities). XLF(-16%) VYM(-16%) IVE(-16%) SDY(-15%) IWD(-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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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