| FAZ latest price $19.6000 (1.45%) ($18.8900 - $19.6550) on Mon. Apr. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 70 |
Latest Price | $19.6000(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.9% 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(38%) UUP(28%) TBT(9%) VXX(6%) SHY(3%) |
Factors Impacting FAZ price | FAZ will decline at least -2.205% 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 | -2.205% (StdDev 4.41%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.7% |
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