| FAZ latest price $60.0000 (23.48%) ($54.2500 - $65.7500) on Wed. Mar. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.57% (three month average) |
RSI | 66 |
Latest Price | $60.0000(23.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 5.6% a day on average for past five trading days. |
Weekly Trend | FAZ advances 26.3% 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(5%) BNDX(4%) SHY(4%) |
Factors Impacting FAZ price | FAZ will decline at least -5.285% in a week (0% probabilities). XLF(-16%) VYM(-16%) SDY(-16%) IVE(-16%) DIA(-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 | -5.285% (StdDev 10.57%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.7% |
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