| FAZ latest price $16.0700 (-4.97%) ($14.9300 - $17.0210) on Tue. Jun. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.42% (three month average) |
RSI | 43 |
Latest Price | $16.0700(-4.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.9% a day on average for past five trading days. |
Weekly Trend | FAZ declines -4.7% 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(11%) TIP(9%) LQD(7%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -5.21% in a week (0% probabilities). TBT(-11%) XME(-10%) XLF(-9%) VYM(-9%) INDA(-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 | -5.21% (StdDev 10.42%) |
Hourly BBV | -1 () |
Intraday Trend | 7.3% |
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