| FAZ latest price $19.7600 (4.16%) ($19.1600 - $19.8300) on Tue. Sep. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 62 |
Latest Price | $19.7600(4.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAZ advances 2.6% a day on average for past five trading days. |
Weekly Trend | FAZ advances 2.1% 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(60%) TBT(30%) UUP(28%) USO(5%) |
Factors Impacting FAZ price | FAZ will decline at least -1.11% in a week (0% probabilities). XLF(-99%) DIA(-94%) IWD(-93%) IVE(-93%) 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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.9% |
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