| FAS latest price $76.5400 (4.12%) ($73.7300 - $77.2900) on Fri. Jul. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 65 |
Latest Price | $76.5400(4.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 7.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(89%) SDY(87%) SPY(87%) |
Factors Impacting FAS price | FAS will decline at least -2.52% in a week (0% probabilities). VIXM(-24%) UUP(-23%) TBT(-11%) 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 | -2.52% (StdDev 5.04%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.7% |
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