| FAS latest price $107.3500 (1.08%) ($103.3500 - $109.3500) on Thu. Jul. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 51 |
Latest Price | $107.3500(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.3% a day on average for past five trading days. |
Weekly Trend | FAS declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth 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%) SPY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.675% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-13%) SHY(-7%) TLT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.675% (StdDev 3.35%) |
Hourly BBV | 0.1 () |
Intraday Trend | 3.6% |
| |
|
|