| FAZ latest price $21.7200 (2.16%) ($21.3500 - $22.4200) on Thu. Mar. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 63 |
Latest Price | $21.7200(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.7% a day on average for past five trading days. |
Weekly Trend | FAZ advances 7.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VIXM(42%) UUP(30%) VXX(7%) SHY(6%) TBT(5%) |
Factors Impacting FAZ price | FAZ will decline at least -2.22% 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 | -2.22% (StdDev 4.44%) |
Hourly BBV | -0.2 () |
Intraday Trend | -2.2% |
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