| FAZ latest price $36.6500 (1.98%) ($35.9400 - $36.7100) on Wed. Jul. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 48.41% (three month average) |
RSI | 97 |
Latest Price | $36.6500(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAZ advances 14.5% 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(13%) IFRA(8%) TIP(7%) VIXM(6%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -24.205% in a week (0% probabilities). XLF(-17%) VYM(-17%) SDY(-17%) IVE(-17%) DIA(-17%) |
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 | -24.205% (StdDev 48.41%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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