| FAS latest price $110.1700 (3.31%) ($103.5200 - $110.7350) on Tue. Aug. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 55 |
Latest Price | $110.1700(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.8% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) SPY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.74% in a week (0% probabilities). VIXM(-47%) UUP(-28%) VXX(-13%) SHY(-7%) TLT(-4%) |
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 | -1.74% (StdDev 3.48%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.8% |
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