| FAZ latest price $14.2992 (-13.72%) ($14.2992 - $16.9417) on Wed. Dec. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 77 |
Latest Price | $14.2992(-13.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1% a day on average for past five trading days. |
Weekly Trend | FAZ advances 13.3% 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(8%) DIA(7%) TIP(7%) UUP(6%) |
Factors Impacting FAZ price | FAZ will decline at least -2.065% in a week (0% probabilities). XLF(-15%) VYM(-15%) SDY(-14%) IWD(-14%) IVE(-14%) |
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 | -2.065% (StdDev 4.13%) |
Hourly BBV | 0 () |
Intraday Trend | -12.7% |
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