| FAZ latest price $18.7200 (0.86%) ($18.3350 - $19.0900) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 37 |
Latest Price | $18.7200(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.8% a day on average for past five trading days. |
Weekly Trend | FAZ declines -1.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VIXM(38%) UUP(28%) EDOC(9%) TBT(9%) VXX(6%) |
Factors Impacting FAZ price | FAZ will decline at least -2.24% in a week (0% probabilities). IWD(-94%) IVE(-92%) DIA(-91%) SPY(-88%) SDY(-88%) |
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 | -2.24% (StdDev 4.48%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.6% |
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