| FAZ latest price $20.0191 (1.61%) ($19.9495 - $20.8039) on Mon. Mar. 27, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 83 |
Latest Price | $20.0191(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.5% a day on average for past five trading days. |
Weekly Trend | FAZ advances 5.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -1.025% in a week (0% probabilities). XLF(-16%) VYM(-16%) SDY(-15%) IWD(-15%) IVE(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.025% (StdDev 2.05%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
| |
|
|