| FAZ latest price $24.7500 (-1.08%) ($24.2400 - $26.2700) on Mon. May. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 73 |
Latest Price | $24.7500(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 2.5% a day on average for past five trading days. |
Weekly Trend | FAZ advances 9.4% 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(37%) UUP(28%) TBT(8%) VXX(6%) SHY(3%) |
Factors Impacting FAZ price | FAZ will decline at least -2.37% 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 | -2.37% (StdDev 4.74%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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