| FAZ latest price $26.8500 (2.29%) ($26.1800 - $27.4600) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 61 |
Latest Price | $26.8500(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAZ advances 6.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VIXM(32%) UUP(27%) TBT(7%) VXX(5%) SHY(4%) |
Factors Impacting FAZ price | FAZ will decline at least -2.505% in a week (0% probabilities). IWD(-93%) IVE(-91%) DIA(-90%) 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 | -2.505% (StdDev 5.01%) |
Hourly BBV | -0.4 () |
Intraday Trend | 1.5% |
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