| FAZ latest price $27.7900 (4.12%) ($27.4000 - $28.2000) on Mon. Jan. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 48 |
Latest Price | $27.7900(4.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.5% a day on average for past five trading days. |
Weekly Trend | FAZ declines -2% 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%) TIP(7%) VIXM(6%) SHY(5%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -0.73% in a week (0% probabilities). XLF(-17%) VYM(-17%) DIA(-17%) XME(-16%) SDY(-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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.8% |
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