| FAZ latest price $42.2500 (-5.57%) ($40.6400 - $46.2000) on Thu. Apr. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.29% (three month average) |
RSI | 58 |
Latest Price | $42.2500(-5.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 4.1% a day on average for past five trading days. |
Weekly Trend | FAZ declines -13.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(12%) TIP(8%) UUP(7%) BND(5%) BNDX(5%) |
Factors Impacting FAZ price | FAZ will decline at least -6.145% in a week (0% probabilities). XME(-13%) XLF(-13%) VYM(-12%) TBT(-12%) SDY(-12%) |
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 | -6.145% (StdDev 12.29%) |
Hourly BBV | 0.5 () |
Intraday Trend | -8.4% |
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