| FAZ latest price $14.2200 (5.96%) ($13.4900 - $14.2400) on Tue. Oct. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 54 |
Latest Price | $14.2200(5.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.1% a day on average for past five trading days. |
Weekly Trend | FAZ advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(10%) TIP(9%) LQD(8%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -1.75% in a week (0% probabilities). DRIV(-12%) TBT(-11%) XME(-9%) GLD(-9%) INDA(-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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 1.3 () |
Intraday Trend | 5.4% |
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