| FAZ latest price $7.3700 (5.74%) ($6.9900 - $7.4850) on Fri. Jan. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.86% (three month average) |
RSI | 70 |
Latest Price | $7.3700(5.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 2.5% a day on average for past five trading days. |
Weekly Trend | FAZ advances 8.4% 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(10%) TIP(9%) LQD(8%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -2.43% in a week (0% probabilities). TBT(-10%) GLD(-10%) XME(-8%) INDA(-8%) SIL(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.43% (StdDev 4.86%) |
Hourly BBV | 0.8 () |
Intraday Trend | 4.4% |
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