| FAS latest price $107.6400 (3.33%) ($104.0900 - $108.3350) on Thu. Jun. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 31 |
Latest Price | $107.6400(3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS declines -7.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.55% 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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2% |
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