| FAZ latest price $18.8000 (0.48%) ($18.5800 - $19.1590) on Fri. Aug. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 78 |
Latest Price | $18.8000(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.7% a day on average for past five trading days. |
Weekly Trend | FAZ advances 4.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VXX(64%) VIXM(60%) TBT(29%) UUP(28%) USO(1%) |
Factors Impacting FAZ price | FAZ will decline at least -1.155% in a week (0% probabilities). XLF(-99%) IWD(-93%) DIA(-91%) IVE(-90%) VYM(-89%) |
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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 1.3 () |
Intraday Trend | -1.1% |
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