| FAS latest price $66.0800 (-2.89%) ($65.9000 - $71.9010) on Tue. Jun. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 28 |
Latest Price | $66.0800(-2.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.1% a day on average for past five trading days. |
Weekly Trend | FAS declines -7.2% a week on average for past two weeks. |
Market Behavior | Broad based 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%) SDY(87%) SPY(87%) |
Factors Impacting FAS price | FAS will decline at least -2.5% in a week (0% probabilities). VIXM(-26%) UUP(-24%) TBT(-8%) SHY(-8%) VXX(-3%) |
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 | -1.7 () |
Intraday Trend | -5.7% |
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