| FAS latest price $98.1700 (-2.48%) ($96.4400 - $100.0000) on Tue. Apr. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 76 |
Latest Price | $98.1700(-2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAS advances 5.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock 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 -1.82% 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 | -1.82% (StdDev 3.64%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.8% |
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