| FAS latest price $81.2800 (8.16%) ($78.2000 - $81.7800) on Tue. May. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 44 |
Latest Price | $81.2800(8.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAS declines -6.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(94%) DIA(91%) IVE(91%) SDY(88%) SPY(88%) |
Factors Impacting FAS price | FAS will decline at least -2.5% in a week (0% probabilities). VIXM(-32%) UUP(-27%) TBT(-6%) VXX(-5%) SHY(-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 | -2.5% (StdDev 5%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.4% |
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