| FAZ latest price $45.9793 (2.48%) ($44.9524 - $46.2177) on Fri. May. 29, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 52 |
Latest Price | $45.9793(2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAZ declines -0.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(12%) VIXM(11%) TIP(7%) BND(4%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.08% in a week (0% probabilities). XLF(-18%) VYM(-17%) IVE(-17%) XLI(-15%) XLB(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|