| FAZ latest price $19.0500 (2.25%) ($18.5400 - $19.0710) on Fri. Sep. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 64 |
Latest Price | $19.0500(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 1.6% a day on average for past five trading days. |
Weekly Trend | FAZ declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FAZ advance at 0% a week (0% probability) VXX(65%) VIXM(61%) TBT(29%) UUP(27%) USO(4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.085% in a week (0% probabilities). XLF(-99%) DIA(-94%) IWD(-93%) IVE(-92%) 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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.6% |
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