| FAS latest price $35.1100 (-0.17%) ($34.6500 - $35.3900) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.9% (three month average) |
RSI | 60 |
Latest Price | $35.1100(-0.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.2% 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 -2.95% 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 | -2.95% (StdDev 5.9%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.4% |
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