| FAZ latest price $40.0300 (-33.15%) ($40.0000 - $57.1900) on Fri. Mar. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.68% (three month average) |
RSI | 66 |
Latest Price | $40.0300(-33.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.3% a day on average for past five trading days. |
Weekly Trend | FAZ advances 23.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(13%) TIP(7%) VIXM(5%) BNDX(4%) SHY(4%) |
Factors Impacting FAZ price | FAZ will decline at least -4.34% in a week (0% probabilities). XLF(-17%) VYM(-16%) SDY(-16%) IWD(-16%) IVE(-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 | -4.34% (StdDev 8.68%) |
Hourly BBV | -0.8 () |
Intraday Trend | -16.2% |
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