| FAS latest price $72.9600 (1.36%) ($71.7700 - $73.8000) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 82 |
Latest Price | $72.9600(1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 11.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -2.375% 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 | 0.9 () |
Intraday Trend | 0.4% |
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