| FAS latest price $24.2200 (-8.29%) ($22.5100 - $26.4700) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.42% (three month average) |
RSI | 44 |
Latest Price | $24.2200(-8.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 6.2% a day on average for past five trading days. |
Weekly Trend | FAS declines -31.3% 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 FAS advance at 0% a week (0% probability) IWD(95%) IVE(93%) DIA(91%) SDY(90%) IWN(88%) |
Factors Impacting FAS price | FAS will decline at least -5.71% in a week (0% probabilities). VIXM(-53%) UUP(-29%) VXX(-19%) TLT(-18%) SHY(-7%) |
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 | -5.71% (StdDev 11.42%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.2% |
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