| FAS latest price $36.6900 (0.55%) ($35.9810 - $36.8900) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.88% (three month average) |
RSI | 71 |
Latest Price | $36.6900(0.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -2.94% 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 | -2.94% (StdDev 5.88%) |
Hourly BBV | 1 () |
Intraday Trend | 0.7% |
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