| FAS latest price $48.8400 (-2.67%) ($48.8000 - $51.9500) on Wed. Nov. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.81% (three month average) |
RSI | 80 |
Latest Price | $48.8400(-2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS advances 15.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(91%) DIA(89%) SDY(86%) PAVE(85%) |
Factors Impacting FAS price | FAS will decline at least -2.405% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-16%) TLT(-12%) EDOC(-9%) |
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 | -2.405% (StdDev 4.81%) |
Hourly BBV | -0.3 () |
Intraday Trend | -3.7% |
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