| FAZ latest price $38.4485 (2.41%) ($37.0875 - $38.5181) on Mon. Jun. 13, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 48 |
Latest Price | $38.4485(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.6% a day on average for past five trading days. |
Weekly Trend | FAZ advances 0.9% 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(6%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.185% in a week (0% probabilities). XLF(-16%) 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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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