| FAS latest price $47.3400 (-1.68%) ($46.5500 - $49.0200) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 62 |
Latest Price | $47.3400(-1.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 5.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 11% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -2.335% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-15%) TLT(-12%) EDOC(-8%) |
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 | -2.335% (StdDev 4.67%) |
Hourly BBV | -0.8 () |
Intraday Trend | -3.4% |
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