| FAZ latest price $41.1100 (9.45%) ($39.4600 - $42.2000) on Mon. Aug. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 47.64% (three month average) |
RSI | 68 |
Latest Price | $41.1100(9.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 3.5% a day on average for past five trading days. |
Weekly Trend | FAZ advances 1.7% 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 -23.82% in a week (0% probabilities). XLF(-17%) VYM(-17%) SDY(-17%) DIA(-17%) XME(-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 | -23.82% (StdDev 47.64%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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