| FAZ latest price $23.4000 (-14.75%) ($22.8900 - $24.8000) on Mon. May. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 13.76% (three month average) |
RSI | 50 |
Latest Price | $23.4000(-14.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ declines -1% a day on average for past five trading days. |
Weekly Trend | FAZ advances 4.5% 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%) LQD(7%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -6.88% in a week (0% probabilities). XME(-11%) TBT(-11%) XLF(-10%) VYM(-9%) SDY(-9%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -6.88% (StdDev 13.76%) |
Hourly BBV | -1.5 () |
Intraday Trend | -5.2% |
| |
|
|