| FAZ latest price $15.7100 (-1.32%) ($15.5900 - $16.0200) on Fri. Dec. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 24 |
Latest Price | $15.7100(-1.32%) |
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 -3.1% 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(59%) VIXM(55%) UUP(27%) BNDX(1%) EDOC(-4%) |
Factors Impacting FAZ price | FAZ will decline at least -1.32% in a week (0% probabilities). XLF(-99%) DIA(-97%) IWD(-95%) VYM(-89%) VFMO(-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 | -1.32% (StdDev 2.64%) |
Hourly BBV | -1.7 () |
Intraday Trend | -1.3% |
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