| FAS latest price $57.5900 (4.88%) ($55.6500 - $58.4000) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 57 |
Latest Price | $57.5900(4.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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 -2.345% in a week (0% probabilities). VIXM(-48%) UUP(-27%) VXX(-16%) TLT(-10%) 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 | -2.345% (StdDev 4.69%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.4% |
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