| FAZ latest price $27.3600 (10.77%) ($26.0200 - $27.3800) on Fri. Jun. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.81% (three month average) |
RSI | 48 |
Latest Price | $27.3600(10.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 4.2% a day on average for past five trading days. |
Weekly Trend | FAZ declines -1.3% 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(31%) UUP(26%) TBT(11%) VXX(4%) SHY(2%) |
Factors Impacting FAZ price | FAZ will decline at least -2.405% 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 | -2.405% (StdDev 4.81%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.2% |
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