| FAZ latest price $27.0300 (0.26%) ($26.4700 - $27.0500) on Wed. Jan. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 43 |
Latest Price | $27.0300(0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAZ declines -0.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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%) SHY(5%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -0.75% 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1.3% |
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