| FAZ latest price $20.2050 (5.73%) ($19.1720 - $20.5200) on Fri. Jan. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 53 |
Latest Price | $20.2050(5.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 4.3% a day on average for past five trading days. |
Weekly Trend | FAZ advances 2.7% 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) VIXM(44%) UUP(31%) VXX(9%) SHY(6%) TBT(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.8% in a week (0% probabilities). IWD(-93%) IVE(-91%) DIA(-91%) SPY(-88%) SDY(-86%) |
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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 1.9 () |
Intraday Trend | 3.9% |
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