| FAZ latest price $8.3900 (1.57%) ($8.2100 - $8.4690) on Fri. May. 17, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 60 |
Latest Price | $8.3900(1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAZ advances 3.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(11%) IFRA(8%) VIXM(8%) TIP(7%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.095% in a week (0% probabilities). DIA(-15%) XLF(-14%) VYM(-14%) SDY(-14%) IWD(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|