| FAZ latest price $36.9800 (-5.71%) ($36.7500 - $40.3900) on Fri. Mar. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 89.84% (three month average) |
RSI | 95 |
Latest Price | $36.9800(-5.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 25.2% a day on average for past five trading days. |
Weekly Trend | FAZ advances 267.9% 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(10%) TIP(9%) LQD(8%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -44.92% 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 | (options are extremely cheap) |
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Market Trend Strength | -44.92% (StdDev 89.84%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.3% |
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