| FAS latest price $120.6300 (-0.66%) ($120.4640 - $125.7430) on Mon. May. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 82 |
Latest Price | $120.6300(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 8.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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(91%) DIA(90%) SDY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.585% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-14%) TLT(-7%) 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 | -1.585% (StdDev 3.17%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.9% |
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