| FAS latest price $58.3400 (-4.05%) ($56.8700 - $61.6100) on Mon. Jan. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.68% (three month average) |
RSI | 61 |
Latest Price | $58.3400(-4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 3.6% 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 -2.34% 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 | -2.34% (StdDev 4.68%) |
Hourly BBV | -0.9 () |
Intraday Trend | -5.3% |
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