| FAZ latest price $26.2500 (-6.02%) ($25.8200 - $28.0600) on Thu. May. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 89.12% (three month average) |
RSI | 31 |
Latest Price | $26.2500(-6.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAZ declines -5.2% 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) VIXM(48%) UUP(29%) VXX(14%) SHY(7%) TLT(7%) |
Factors Impacting FAZ price | FAZ will decline at least -44.56% in a week (0% probabilities). IWD(-93%) IVE(-91%) DIA(-90%) SDY(-86%) SPY(-85%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -44.56% (StdDev 89.12%) |
Hourly BBV | -1.7 () |
Intraday Trend | -5.9% |
| |
|
|