| FAS latest price $129.1000 (3.81%) ($124.4400 - $129.1500) on Fri. Aug. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 62 |
Latest Price | $129.1000(3.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2% a day on average for past five trading days. |
Weekly Trend | FAS advances 0.3% 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%) SPY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.7% in a week (0% probabilities). VIXM(-47%) UUP(-29%) VXX(-12%) SHY(-7%) TLT(-4%) |
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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.5% |
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