| FAS latest price $132.7000 (5.17%) ($129.0000 - $134.1300) on Tue. Dec. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 44 |
Latest Price | $132.7000(5.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.8% a day on average for past five trading days. |
Weekly Trend | FAS declines -4.8% 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(87%) SDY(86%) |
Factors Impacting FAS price | FAS will decline at least -1.77% in a week (0% probabilities). VIXM(-46%) UUP(-30%) VXX(-10%) SHY(-6%) IGOV(-5%) |
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 | 1.1 () |
Intraday Trend | 2.2% |
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