| FAS latest price $126.0900 (-2.81%) ($125.7200 - $133.2900) on Mon. Oct. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 68 |
Latest Price | $126.0900(-2.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.3% a day on average for past five trading days. |
Weekly Trend | FAS advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -1.635% in a week (0% probabilities). VIXM(-46%) UUP(-29%) VXX(-11%) 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 | -1.635% (StdDev 3.27%) |
Hourly BBV | -1.6 () |
Intraday Trend | -3.4% |
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