| FAZ latest price $14.8200 (0.61%) ($14.5700 - $14.9500) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.08% (three month average) |
RSI | 35 |
Latest Price | $14.8200(0.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1% a day on average for past five trading days. |
Weekly Trend | FAZ declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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 -2.54% in a week (0% probabilities). TBT(-11%) XME(-10%) GLD(-9%) XLF(-8%) INDA(-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 | -2.54% (StdDev 5.08%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.4% |
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