| FAZ latest price $27.7500 (-4.08%) ($27.5700 - $29.8700) on Fri. Jul. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.03% (three month average) |
RSI | 55 |
Latest Price | $27.7500(-4.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAZ declines -3.5% 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(26%) UUP(25%) TBT(9%) SHY(8%) VXX(3%) |
Factors Impacting FAZ price | FAZ will decline at least -2.515% in a week (0% probabilities). IWD(-93%) IVE(-91%) DIA(-90%) SPY(-87%) SDY(-87%) |
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 | -2.515% (StdDev 5.03%) |
Hourly BBV | -1.3 () |
Intraday Trend | -5.4% |
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