| FAZ latest price $61.0507 (8.55%) ($58.4279 - $63.0775) on Mon. Feb. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 60 |
Latest Price | $61.0507(8.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 3.4% a day on average for past five trading days. |
Weekly Trend | FAZ declines -0.2% 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) TLT(12%) VIXM(10%) TIP(7%) UUP(5%) BND(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.985% in a week (0% probabilities). XLF(-17%) VYM(-16%) SDY(-16%) IWD(-16%) IVE(-16%) |
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 | -1.985% (StdDev 3.97%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
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