| FAZ latest price $17.5000 (-6.17%) ($17.3900 - $19.0600) on Thu. Jun. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.51% (three month average) |
RSI | 64 |
Latest Price | $17.5000(-6.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAZ advances 5.6% 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(8%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -4.255% in a week (0% probabilities). TBT(-11%) XME(-10%) XLF(-8%) VYM(-8%) SDY(-8%) |
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 | -4.255% (StdDev 8.51%) |
Hourly BBV | -0.2 () |
Intraday Trend | -8.2% |
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