| FAZ latest price $20.1400 (-3.45%) ($20.0820 - $21.3000) on Fri. Apr. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 34 |
Latest Price | $20.1400(-3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 0.1% a day on average for past five trading days. |
Weekly Trend | FAZ declines -1.2% 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) VXX(65%) VIXM(56%) UUP(21%) EDOC(19%) SHY(12%) |
Factors Impacting FAZ price | FAZ will decline at least -2.035% 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 | -2.035% (StdDev 4.07%) |
Hourly BBV | -1.4 () |
Intraday Trend | -4.8% |
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