| FAS latest price $135.2200 (4.05%) ($132.3800 - $137.2300) on Fri. Oct. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 57 |
Latest Price | $135.2200(4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(93%) IVE(91%) DIA(90%) SPY(87%) SDY(86%) |
Factors Impacting FAS price | FAS will decline at least -1.65% in a week (0% probabilities). VIXM(-46%) UUP(-29%) VXX(-11%) SHY(-7%) IGOV(-6%) |
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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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