| FAS latest price $95.8800 (3.25%) ($94.8600 - $96.8000) on Fri. Mar. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 66 |
Latest Price | $95.8800(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2% a day on average for past five trading days. |
Weekly Trend | FAS advances 6.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally 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 -1.95% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-14%) TLT(-8%) 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 | -1.95% (StdDev 3.9%) |
Hourly BBV | 1 () |
Intraday Trend | 0.4% |
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