| FAZ latest price $29.9200 (-1.22%) ($29.8800 - $30.3420) on Thu. Dec. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 41 |
Latest Price | $29.9200(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAZ declines -0.5% a week on average for past two weeks. |
Market Behavior | Value stock rally 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 -0.915% in a week (0% probabilities). XLF(-17%) VYM(-17%) DIA(-17%) XME(-16%) SDY(-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 | -0.915% (StdDev 1.83%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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