| FAZ latest price $24.0300 (11.56%) ($22.6100 - $24.6100) on Mon. Mar. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 87 |
Latest Price | $24.0300(11.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 7.8% a day on average for past five trading days. |
Weekly Trend | FAZ advances 10.3% a week on average for past two weeks. |
Market Behavior | Value stocks 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(59%) SHY(43%) VXX(29%) GLD(22%) BNDX(21%) |
Factors Impacting FAZ price | FAZ will decline at least -1.8% in a week (0% probabilities). IWD(-90%) VYM(-87%) IVE(-87%) DIA(-86%) XLI(-82%) |
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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
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