| FAZ latest price $74.6500 (16.15%) ($66.4200 - $77.6390) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.8% (three month average) |
RSI | 70 |
Latest Price | $74.6500(16.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 6.4% a day on average for past five trading days. |
Weekly Trend | FAZ advances 28.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(12%) TIP(8%) BND(6%) UUP(5%) BNDX(4%) |
Factors Impacting FAZ price | FAZ will decline at least -5.4% in a week (0% probabilities). XME(-14%) XLF(-14%) VYM(-14%) SDY(-14%) IVE(-14%) |
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 | -5.4% (StdDev 10.8%) |
Hourly BBV | 1.6 () |
Intraday Trend | 12.4% |
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