| FAS latest price $38.7800 (-8.17%) ($38.7500 - $42.1300) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.35% (three month average) |
RSI | 76 |
Latest Price | $38.7800(-8.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS advances 18.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(92%) DIA(89%) SDY(87%) IWN(86%) |
Factors Impacting FAS price | FAS will decline at least -6.175% in a week (0% probabilities). VIXM(-52%) UUP(-27%) VXX(-18%) TLT(-17%) SHY(-7%) |
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 | -6.175% (StdDev 12.35%) |
Hourly BBV | -1.8 () |
Intraday Trend | -7.7% |
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