| FAS latest price $108.1400 (-1.84%) ($106.8800 - $111.0730) on Wed. Aug. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.47% (three month average) |
RSI | 51 |
Latest Price | $108.1400(-1.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based 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 -1.735% 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 | -1.735% (StdDev 3.47%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.5% |
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