| FAS latest price $64.6000 (-2.24%) ($63.9500 - $66.7000) on Wed. Jun. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 30 |
Latest Price | $64.6000(-2.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAS declines -3.3% a week on average for past two weeks. |
Market Behavior | Normal 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%) SDY(87%) SPY(87%) |
Factors Impacting FAS price | FAS will decline at least -2.495% in a week (0% probabilities). VIXM(-26%) UUP(-24%) TBT(-8%) SHY(-8%) VXX(-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 | -2.495% (StdDev 4.99%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.6% |
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