| FAZ latest price $26.2700 (-14.32%) ($26.0000 - $28.1460) on Fri. Apr. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.34% (three month average) |
RSI | 42 |
Latest Price | $26.2700(-14.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAZ declines -16.1% 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(11%) TIP(9%) BND(6%) BNDX(6%) LQD(6%) |
Factors Impacting FAZ price | FAZ will decline at least -6.67% in a week (0% probabilities). XME(-12%) TBT(-12%) XLF(-11%) VYM(-10%) SDY(-10%) |
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 | -6.67% (StdDev 13.34%) |
Hourly BBV | -1.6 () |
Intraday Trend | -3.7% |
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