| FAS latest price $72.3700 (3.14%) ($70.7100 - $73.1100) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.84% (three month average) |
RSI | 78 |
Latest Price | $72.3700(3.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 4% a day on average for past five trading days. |
Weekly Trend | FAS advances 11.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(89%) SDY(86%) PAVE(85%) |
Factors Impacting FAS price | FAS will decline at least -2.42% 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 | -2.42% (StdDev 4.84%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.9% |
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