| FAS latest price $56.6000 (3.1%) ($53.8400 - $57.2000) on Mon. Dec. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 61 |
Latest Price | $56.6000(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 0.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(92%) IVE(91%) DIA(89%) PAVE(85%) SDY(85%) |
Factors Impacting FAS price | FAS will decline at least -2.375% in a week (0% probabilities). VIXM(-48%) UUP(-27%) VXX(-16%) TLT(-10%) 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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.1% |
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