| FAZ latest price $37.4100 (-2.73%) ($37.0100 - $37.9800) on Mon. Jul. 1, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 48.04% (three month average) |
RSI | 97 |
Latest Price | $37.4100(-2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 41.9% a day on average for past five trading days. |
Weekly Trend | FAZ advances 83.3% 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(11%) IFRA(8%) TIP(7%) VIXM(5%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -24.02% in a week (0% probabilities). DIA(-15%) XLF(-14%) VYM(-14%) SDY(-14%) IWD(-14%) |
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 | -24.02% (StdDev 48.04%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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