| FAZ latest price $21.0400 (5.89%) ($20.8600 - $21.6900) on Fri. Mar. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 65 |
Latest Price | $21.0400(5.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 2.3% a day on average for past five trading days. |
Weekly Trend | FAZ advances 6.1% 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(42%) UUP(31%) VXX(7%) SHY(6%) TBT(5%) |
Factors Impacting FAZ price | FAZ will decline at least -2.01% in a week (0% probabilities). IWD(-93%) IVE(-91%) DIA(-91%) SPY(-88%) SDY(-87%) |
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 | -2.01% (StdDev 4.02%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
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