| FAZ latest price $28.5600 (-0.31%) ($28.2400 - $29.3400) on Tue. Jun. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 72 |
Latest Price | $28.5600(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.6% a day on average for past five trading days. |
Weekly Trend | FAZ advances 8.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.63% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.63% (StdDev 3.26%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0.2% |
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