| FAS latest price $90.9800 (-2.63%) ($88.2100 - $92.8000) on Mon. Mar. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 55 |
Latest Price | $90.9800(-2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS declines -2.5% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.995% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-15%) 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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.4% |
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