| FAS latest price $22.3855 (1.04%) ($22.1362 - $22.4398) on Fri. May. 23, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.55% (three month average) |
RSI | 59 |
Latest Price | $22.3855(1.04%) |
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 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) XLF(89%) SPY(85%) IWM(83%) VT(80%) XLI(79%) |
Factors Impacting FAS price | FAS will decline at least -3.775% in a week (0% probabilities). VIXM(-32%) TLT(-30%) IGOV(-11%) UUP(-10%) GLD(-7%) |
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 | -3.775% (StdDev 7.55%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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