| FAZ latest price $36.2100 (1.32%) ($35.5100 - $36.4090) on Mon. Oct. 7, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 64 |
Latest Price | $36.2100(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAZ advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal 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 -1.47% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.47% (StdDev 2.94%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|