| FAZ latest price $19.2200 (9.83%) ($17.9700 - $19.2600) on Fri. Jun. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.33% (three month average) |
RSI | 72 |
Latest Price | $19.2200(9.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 2.4% a day on average for past five trading days. |
Weekly Trend | FAZ advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -4.165% in a week (0% probabilities). TBT(-11%) XME(-10%) INDA(-9%) XLF(-8%) VYM(-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 | -4.165% (StdDev 8.33%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5.6% |
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