| FAZ latest price $14.0400 (-2.9%) ($13.9900 - $14.3900) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 33 |
Latest Price | $14.0400(-2.9%) |
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 -5.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) EDOC(-25%) VXX(72%) VIXM(65%) BNDX(-7%) SHY(-29%) |
Factors Impacting FAZ price | FAZ will decline at least -1.36% in a week (0% probabilities). XLF(-99%) IWD(-96%) EWY(-96%) IWO(-95%) EWP(-95%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 1.3 () |
Intraday Trend | -1.4% |
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