| FAZ latest price $17.5100 (1.45%) ($17.4500 - $18.1200) on Thu. Mar. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 70 |
Latest Price | $17.5100(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAZ advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VIXM(59%) SHY(40%) VXX(28%) GLD(20%) BNDX(17%) |
Factors Impacting FAZ price | FAZ will decline at least -1.415% in a week (0% probabilities). IWD(-90%) VYM(-87%) IVE(-86%) DIA(-84%) XLI(-81%) |
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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.6% |
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