| FAZ latest price $22.6500 (-3.9%) ($22.3800 - $23.9500) on Thu. Apr. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 66 |
Latest Price | $22.6500(-3.9%) |
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 7.7% 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 -2.3% in a week (0% probabilities). IWD(-94%) IVE(-92%) DIA(-91%) SPY(-89%) 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 | -2.3% (StdDev 4.6%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.6% |
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