| FAZ latest price $21.9500 (8.93%) ($20.2500 - $22.0100) on Fri. Apr. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 72 |
Latest Price | $21.9500(8.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAZ advances 2.7% 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) VIXM(38%) UUP(28%) TBT(9%) VXX(6%) SHY(3%) |
Factors Impacting FAZ price | FAZ will decline at least -2.235% in a week (0% probabilities). IWD(-94%) IVE(-92%) DIA(-91%) SPY(-89%) SDY(-88%) |
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 | -2.235% (StdDev 4.47%) |
Hourly BBV | 1.7 () |
Intraday Trend | 8.3% |
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