| FAS latest price $90.9500 (1.92%) ($88.0100 - $92.2400) on Tue. Aug. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 80 |
Latest Price | $90.9500(1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 3.3% a day on average for past five trading days. |
Weekly Trend | FAS advances 9.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(89%) SDY(88%) IWN(86%) |
Factors Impacting FAS price | FAS will decline at least -2.37% in a week (0% probabilities). VIXM(-23%) UUP(-23%) TBT(-12%) SHY(-9%) EDOC(-5%) |
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 | -2.37% (StdDev 4.74%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3% |
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