| FAZ latest price $37.3000 (-1.01%) ($35.4800 - $37.3000) on Wed. Mar. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 90.57% (three month average) |
RSI | 42 |
Latest Price | $37.3000(-1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.8% a day on average for past five trading days. |
Weekly Trend | FAZ declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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) VIXM(48%) UUP(29%) VXX(14%) SHY(7%) TLT(7%) |
Factors Impacting FAZ price | FAZ will decline at least -45.285% in a week (0% probabilities). IWD(-92%) IVE(-91%) DIA(-89%) SDY(-86%) PAVE(-85%) |
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 | -45.285% (StdDev 90.57%) |
Hourly BBV | 1 () |
Intraday Trend | 1.3% |
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