| FAZ latest price $27.0000 (9.18%) ($24.4330 - $27.0000) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.68% (three month average) |
RSI | 46 |
Latest Price | $27.0000(9.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAZ declines -2.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(11%) TIP(9%) LQD(7%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -6.84% in a week (0% probabilities). XME(-11%) TBT(-11%) XLF(-10%) VYM(-9%) SDY(-9%) |
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 | -6.84% (StdDev 13.68%) |
Hourly BBV | 1.8 () |
Intraday Trend | 10.2% |
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