| FAS latest price $117.3700 (-3.86%) ($116.9000 - $122.7300) on Tue. May. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 64 |
Latest Price | $117.3700(-3.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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 -1.68% 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 | -1.68% (StdDev 3.36%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.7% |
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