| FAZ latest price $25.1300 (-7.47%) ($23.9400 - $26.1300) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.62% (three month average) |
RSI | 50 |
Latest Price | $25.1300(-7.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.1% a day on average for past five trading days. |
Weekly Trend | FAZ declines -4.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally 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 -6.81% in a week (0% probabilities). XME(-11%) TBT(-11%) XLF(-10%) DRIV(-10%) VYM(-9%) |
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 | -6.81% (StdDev 13.62%) |
Hourly BBV | -0.3 () |
Intraday Trend | -3.8% |
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