| FAS latest price $90.8700 (-2.56%) ($90.6900 - $93.6600) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 48 |
Latest Price | $90.8700(-2.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.3% a day on average for past five trading days. |
Weekly Trend | FAS declines -1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock 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% 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 | -2% (StdDev 4%) |
Hourly BBV | -0.2 () |
Intraday Trend | -2% |
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