| FAZ latest price $30.0600 (0.33%) ($29.5650 - $31.4600) on Thu. Jun. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.82% (three month average) |
RSI | 79 |
Latest Price | $30.0600(0.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAZ advances 15.9% 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(28%) UUP(24%) TBT(9%) SHY(7%) VXX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -2.41% in a week (0% probabilities). IWD(-93%) IVE(-91%) DIA(-90%) SPY(-87%) SDY(-87%) |
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 | -2.41% (StdDev 4.82%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1.1% |
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