| FAZ latest price $20.1900 (0.7%) ($19.9000 - $20.3500) on Mon. Apr. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 33 |
Latest Price | $20.1900(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.3% a day on average for past five trading days. |
Weekly Trend | FAZ declines -5.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VXX(65%) VIXM(56%) UUP(20%) SHY(12%) TBT(12%) |
Factors Impacting FAZ price | FAZ will decline at least -1.99% in a week (0% probabilities). XLF(-99%) IWD(-92%) VYM(-89%) DIA(-89%) IVE(-88%) |
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 | -1.99% (StdDev 3.98%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.2% |
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