| FAZ latest price $31.4100 (-14.62%) ($31.4100 - $37.2730) on Mon. Mar. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 70 |
Latest Price | $31.4100(-14.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 2.7% a day on average for past five trading days. |
Weekly Trend | FAZ advances 17.1% 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(13%) TIP(7%) VIXM(6%) SHY(5%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.835% in a week (0% probabilities). XLF(-17%) DIA(-17%) XME(-16%) VYM(-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 | -1.835% (StdDev 3.67%) |
Hourly BBV | -0.8 () |
Intraday Trend | -13.8% |
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