| FAS latest price $85.0600 (3.19%) ($84.3300 - $86.7900) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 72 |
Latest Price | $85.0600(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 5.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(93%) IVE(91%) DIA(89%) SDY(88%) IWN(86%) |
Factors Impacting FAS price | FAS will decline at least -2.375% in a week (0% probabilities). VIXM(-23%) UUP(-23%) TBT(-12%) SHY(-9%) EDOC(-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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
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