| FAS latest price $33.5200 (0.06%) ($32.9310 - $33.8440) on Fri. Jul. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 69 |
Latest Price | $33.5200(0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1% a day on average for past five trading days. |
Weekly Trend | FAS advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth 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 -3.265% in a week (0% probabilities). VIXM(-48%) UUP(-26%) VXX(-16%) TLT(-14%) SHY(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.265% (StdDev 6.53%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.8% |
| |
|
|