| FAZ latest price $36.7900 (6.02%) ($36.0800 - $39.4090) on Fri. Feb. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 84 |
Latest Price | $36.7900(6.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 8.2% a day on average for past five trading days. |
Weekly Trend | FAZ advances 15% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.565% in a week (0% probabilities). XLF(-17%) DIA(-17%) XME(-16%) VYM(-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 | -1.565% (StdDev 3.13%) |
Hourly BBV | 1.4 () |
Intraday Trend | -3.9% |
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