| FAS latest price $109.0000 (3.05%) ($106.2700 - $110.5300) on Thu. Jul. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.49% (three month average) |
RSI | 50 |
Latest Price | $109.0000(3.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1% a day on average for past five trading days. |
Weekly Trend | FAS declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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 -1.745% in a week (0% probabilities). VIXM(-47%) UUP(-28%) VXX(-13%) SHY(-7%) TLT(-5%) |
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 | -1.745% (StdDev 3.49%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.2% |
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