| FAS latest price $34.2800 (1.21%) ($33.4800 - $35.1400) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 45 |
Latest Price | $34.2800(1.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.1% a day on average for past five trading days. |
Weekly Trend | FAS declines -5.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based 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 -1.63% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-16%) TLT(-13%) 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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.6% |
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