| FAS latest price $33.6800 (8.44%) ($31.4400 - $34.0600) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.29% (three month average) |
RSI | 66 |
Latest Price | $33.6800(8.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 5.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 6.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(92%) DIA(89%) SDY(88%) IWN(86%) |
Factors Impacting FAS price | FAS will decline at least -6.645% in a week (0% probabilities). VIXM(-52%) UUP(-27%) VXX(-18%) TLT(-18%) SHY(-8%) |
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 | -6.645% (StdDev 13.29%) |
Hourly BBV | 1.2 () |
Intraday Trend | -1.1% |
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