| FAS latest price $34.5400 (3.04%) ($34.0720 - $35.0750) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.36% (three month average) |
RSI | 63 |
Latest Price | $34.5400(3.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.4% 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 | Value stock 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 -3.18% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.18% (StdDev 6.36%) |
Hourly BBV | -1.4 () |
Intraday Trend | 1.1% |
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