| FAZ latest price $20.0900 (-0.64%) ($20.0200 - $20.7800) on Wed. Apr. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 71 |
Latest Price | $20.0900(-0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAZ advances 7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -2.21% 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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0.7 () |
Intraday Trend | -3.3% |
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