| FAZ latest price $16.9200 (-1.05%) ($16.3100 - $16.9700) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.48% (three month average) |
RSI | 53 |
Latest Price | $16.9200(-1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1% a day on average for past five trading days. |
Weekly Trend | FAZ advances 4.9% 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(8%) BND(6%) BNDX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -4.74% in a week (0% probabilities). TBT(-11%) XME(-10%) XLF(-8%) VYM(-8%) SDY(-8%) |
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 | -4.74% (StdDev 9.48%) |
Hourly BBV | -0.5 () |
Intraday Trend | 2.7% |
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