| FAZ latest price $48.5900 (-13.53%) ($45.0110 - $59.1100) on Tue. Mar. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.2% (three month average) |
RSI | 65 |
Latest Price | $48.5900(-13.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 3.8% a day on average for past five trading days. |
Weekly Trend | FAZ advances 23.7% 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 -5.1% in a week (0% probabilities). XLF(-16%) VYM(-16%) SDY(-16%) IVE(-16%) DIA(-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 | -5.1% (StdDev 10.2%) |
Hourly BBV | -0.8 () |
Intraday Trend | -6.6% |
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