| FAS latest price $89.1600 (4.82%) ($85.1900 - $89.2500) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 73 |
Latest Price | $89.1600(4.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 3.3% a day on average for past five trading days. |
Weekly Trend | FAS advances 6.8% 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(89%) SDY(88%) IWN(86%) |
Factors Impacting FAS price | FAS will decline at least -2.39% in a week (0% probabilities). VIXM(-23%) UUP(-22%) 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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.3% |
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