| FAS latest price $32.7900 (3.9%) ($32.4800 - $33.6800) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.41% (three month average) |
RSI | 47 |
Latest Price | $32.7900(3.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.5% a day on average for past five trading days. |
Weekly Trend | FAS declines -4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(91%) DIA(88%) SDY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -3.705% in a week (0% probabilities). VIXM(-48%) UUP(-27%) VXX(-16%) TLT(-14%) 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 | -3.705% (StdDev 7.41%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.3% |
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