| FAS latest price $34.2000 (-1.89%) ($33.9800 - $34.8800) on Fri. Jul. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.33% (three month average) |
RSI | 56 |
Latest Price | $34.2000(-1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 4.5% 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(93%) IVE(91%) DIA(88%) SDY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -3.165% 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 | -3.165% (StdDev 6.33%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.9% |
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