| FAS latest price $76.5500 (-1.47%) ($74.6300 - $77.5600) on Thu. Feb. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.78% (three month average) |
RSI | 80 |
Latest Price | $76.5500(-1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 10.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(92%) IVE(91%) DIA(89%) PAVE(85%) SDY(85%) |
Factors Impacting FAS price | FAS will decline at least -1.89% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-15%) TLT(-9%) 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 | -1.89% (StdDev 3.78%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0.6% |
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