| FAS latest price $71.3800 (1.71%) ($67.8900 - $71.4700) on Thu. Jul. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 64 |
Latest Price | $71.3800(1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 4.1% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(91%) DIA(89%) SDY(87%) SPY(87%) |
Factors Impacting FAS price | FAS will decline at least -2.665% in a week (0% probabilities). VIXM(-25%) UUP(-24%) TBT(-11%) 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 | -2.665% (StdDev 5.33%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.6% |
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