| FAS latest price $79.4900 (8.77%) ($75.5400 - $81.0100) on Mon. May. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 44 |
Latest Price | $79.4900(8.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAS declines -5.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(94%) IVE(91%) DIA(90%) SDY(88%) SPY(88%) |
Factors Impacting FAS price | FAS will decline at least -2.585% in a week (0% probabilities). VIXM(-31%) UUP(-27%) TBT(-7%) VXX(-5%) SHY(-3%) |
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 | -2.585% (StdDev 5.17%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.7% |
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