| FAS latest price $55.6900 (10.32%) ($52.7000 - $55.7200) on Tue. Nov. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 81 |
Latest Price | $55.6900(10.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 9.3% 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(92%) IVE(91%) DIA(89%) PAVE(85%) SDY(85%) |
Factors Impacting FAS price | FAS will decline at least -2.48% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-16%) TLT(-11%) EDOC(-9%) |
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 | -2.48% (StdDev 4.96%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5.5% |
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