| FAS latest price $112.1300 (2.09%) ($106.2400 - $112.1900) on Tue. May. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 66 |
Latest Price | $112.1300(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 5.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth 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(90%) SDY(86%) PAVE(85%) |
Factors Impacting FAS price | FAS will decline at least -1.575% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.575% (StdDev 3.15%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.2% |
| |
|
|