| FAZ latest price $38.1300 (5.19%) ($36.8420 - $38.5870) on Wed. Oct. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 77 |
Latest Price | $38.1300(5.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 2.2% a day on average for past five trading days. |
Weekly Trend | FAZ advances 2.2% 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(13%) TIP(7%) VIXM(6%) BNDX(4%) UUP(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.455% in a week (0% probabilities). XLF(-17%) VYM(-17%) SDY(-17%) DIA(-17%) XME(-16%) |
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 | -1.455% (StdDev 2.91%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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