| FAS latest price $150.4100 (-1.54%) ($149.1700 - $155.8160) on Thu. Jan. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 77 |
Latest Price | $150.4100(-1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.7% a day on average for past five trading days. |
Weekly Trend | FAS advances 7.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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(87%) SDY(86%) |
Factors Impacting FAS price | FAS will decline at least -1.7% in a week (0% probabilities). VIXM(-44%) UUP(-31%) VXX(-9%) SHY(-6%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.7% (StdDev 3.4%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.1% |
| |
|
|