| FAS latest price $95.8600 (-0.31%) ($94.6700 - $96.9500) on Tue. Apr. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 55 |
Latest Price | $95.8600(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.1% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(91%) DIA(89%) PAVE(85%) SDY(85%) |
Factors Impacting FAS price | FAS will decline at least -1.835% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-14%) TLT(-7%) 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 | -1.835% (StdDev 3.67%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.1% |
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