| FAS latest price $147.2900 (3.25%) ($143.0800 - $148.1500) on Fri. Oct. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 85 |
Latest Price | $147.2900(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 6.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth 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 -1.46% 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 | -1.46% (StdDev 2.92%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.7% |
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