| FAZ latest price $27.9200 (0.61%) ($27.9200 - $30.1000) on Tue. Jul. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.07% (three month average) |
RSI | 44 |
Latest Price | $27.9200(0.61%) |
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 -4.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VIXM(26%) UUP(25%) TBT(11%) SHY(8%) VXX(3%) |
Factors Impacting FAZ price | FAZ will decline at least -2.535% in a week (0% probabilities). IWD(-93%) IVE(-91%) DIA(-89%) 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 | -2.535% (StdDev 5.07%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.9% |
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