| FAS latest price $31.9500 (5.86%) ($29.9900 - $31.9650) on Fri. Jul. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.07% (three month average) |
RSI | 47 |
Latest Price | $31.9500(5.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.3% a day on average for past five trading days. |
Weekly Trend | FAS declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(91%) DIA(88%) SDY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -3.535% in a week (0% probabilities). VIXM(-48%) UUP(-27%) VXX(-16%) TLT(-14%) 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 | -3.535% (StdDev 7.07%) |
Hourly BBV | 1.3 () |
Intraday Trend | 6.5% |
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