| FAS latest price $37.8700 (6.56%) ($36.9100 - $38.8300) on Tue. Nov. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 52 |
Latest Price | $37.8700(6.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.7% a day on average for past five trading days. |
Weekly Trend | FAS declines -4.1% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.825% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-16%) TLT(-13%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.825% (StdDev 3.65%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.6% |
| |
|
|