| FAZ latest price $14.4600 (5.16%) ($13.7700 - $14.4800) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 33 |
Latest Price | $14.4600(5.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.2% a day on average for past five trading days. |
Weekly Trend | FAZ declines -5.8% 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) VXX(76%) VIXM(65%) TIP(-32%) SHY(-27%) BNDX(-7%) |
Factors Impacting FAZ price | FAZ will decline at least -1.395% in a week (0% probabilities). XLF(-99%) IWD(-96%) EWY(-96%) VT(-94%) IWO(-94%) |
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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 2.7 () |
Intraday Trend | 4.2% |
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