| FAS latest price $124.9700 (0.62%) ($118.3200 - $125.0260) on Wed. Oct. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 55 |
Latest Price | $124.9700(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(90%) SPY(87%) SDY(86%) |
Factors Impacting FAS price | FAS will decline at least -1.74% in a week (0% probabilities). VIXM(-46%) UUP(-29%) VXX(-12%) SHY(-7%) IGOV(-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 | -1.74% (StdDev 3.48%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.3% |
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