| FAS latest price $123.5100 (1.45%) ($122.4800 - $125.8900) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 61 |
Latest Price | $123.5100(1.45%) |
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 1.3% 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(93%) IVE(91%) DIA(90%) SDY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.465% in a week (0% probabilities). VIXM(-47%) UUP(-28%) VXX(-14%) TLT(-8%) 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 | -1.465% (StdDev 2.93%) |
Hourly BBV | 1 () |
Intraday Trend | -1% |
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