| FAZ latest price $10.9583 (1.29%) ($10.5510 - $11.0179) on Thu. Feb. 22, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.14% (three month average) |
RSI | 62 |
Latest Price | $10.9583(1.29%) |
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 -1.8% 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(9%) TIP(7%) UUP(6%) DIA(5%) |
Factors Impacting FAZ price | FAZ will decline at least -1.57% in a week (0% probabilities). XLF(-15%) VYM(-15%) 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 | -1.57% (StdDev 3.14%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|