| FAZ latest price $19.8005 (6.74%) ($18.2804 - $19.8800) on Tue. Mar. 21, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 87 |
Latest Price | $19.8005(6.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.8% a day on average for past five trading days. |
Weekly Trend | FAZ advances 2.6% 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 -1.03% in a week (0% probabilities). XLF(-16%) VYM(-16%) SDY(-15%) IWD(-15%) IVE(-15%) |
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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 0 () |
Intraday Trend | 7.8% |
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