| FAZ latest price $20.7100 (-4.61%) ($20.7100 - $21.8000) on Thu. Aug. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 36 |
Latest Price | $20.7100(-4.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.3% a day on average for past five trading days. |
Weekly Trend | FAZ declines -1% 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) UUP(23%) VIXM(22%) TBT(13%) SHY(9%) EDOC(7%) |
Factors Impacting FAZ price | FAZ will decline at least -2.275% in a week (0% probabilities). IWD(-93%) IVE(-90%) DIA(-89%) SDY(-88%) SPY(-86%) |
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 | -2.275% (StdDev 4.55%) |
Hourly BBV | -1.5 () |
Intraday Trend | -3.8% |
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