| FAS latest price $104.2400 (0.6%) ($103.2500 - $107.0750) on Fri. Jul. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 45 |
Latest Price | $104.2400(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.2% a day on average for past five trading days. |
Weekly Trend | FAS declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(91%) DIA(90%) SPY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.77% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-13%) SHY(-7%) TLT(-6%) |
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 | -1.77% (StdDev 3.54%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.2% |
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