| FAZ latest price $40.9919 (-3.71%) ($40.9919 - $43.0485) on Mon. Nov. 16, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 45 |
Latest Price | $40.9919(-3.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAZ advances 0.3% 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) TLT(12%) VIXM(11%) TIP(7%) UUP(5%) BND(4%) |
Factors Impacting FAZ price | FAZ will decline at least -2.105% in a week (0% probabilities). XLF(-17%) VYM(-17%) IWD(-17%) IVE(-17%) SDY(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.105% (StdDev 4.21%) |
Hourly BBV | 0 () |
Intraday Trend | -4.7% |
| |
|
|