| FAZ latest price $26.1700 (1.2%) ($26.0350 - $27.6700) on Mon. May. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.58% (three month average) |
RSI | 53 |
Latest Price | $26.1700(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.7% a day on average for past five trading days. |
Weekly Trend | FAZ declines -6.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) TLT(11%) TIP(9%) LQD(7%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -6.79% in a week (0% probabilities). XME(-11%) TBT(-11%) XLF(-10%) 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 | -6.79% (StdDev 13.58%) |
Hourly BBV | 0.6 () |
Intraday Trend | -3.3% |
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