| FAS latest price $122.8500 (2.91%) ($118.7200 - $123.8880) on Tue. Aug. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 73 |
Latest Price | $122.8500(2.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 2.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 5.4% 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%) SPY(86%) IWN(85%) |
Factors Impacting FAS price | FAS will decline at least -1.77% in a week (0% probabilities). VIXM(-47%) UUP(-28%) VXX(-12%) 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 | -1.77% (StdDev 3.54%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.9% |
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