| FAZ latest price $18.7100 (1.52%) ($18.1500 - $18.8400) on Thu. Aug. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 73 |
Latest Price | $18.7100(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.6% a day on average for past five trading days. |
Weekly Trend | FAZ advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based 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) VXX(64%) VIXM(61%) TBT(28%) UUP(28%) USO(2%) |
Factors Impacting FAZ price | FAZ will decline at least -1.16% in a week (0% probabilities). XLF(-99%) IWD(-93%) IVE(-90%) DIA(-90%) VYM(-89%) |
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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 2.8 () |
Intraday Trend | 2.5% |
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