| FAS latest price $96.8300 (1.01%) ($94.9700 - $97.4800) on Wed. Apr. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.63% (three month average) |
RSI | 54 |
Latest Price | $96.8300(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAS advances 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%) PAVE(85%) SDY(85%) |
Factors Impacting FAS price | FAS will decline at least -1.815% 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 | -1.815% (StdDev 3.63%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.8% |
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