| FAS latest price $31.4394 (2.43%) ($30.6619 - $31.4468) on Mon. Mar. 2, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 70 |
Latest Price | $31.4394(2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.3% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.3% 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) IVE(94%) XLF(92%) SPY(89%) IWM(86%) VYM(86%) |
Factors Impacting FAS price | FAS will decline at least -1.465% in a week (0% probabilities). VIXM(-32%) TLT(-31%) UUP(-12%) IGOV(-11%) GLD(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.465% (StdDev 2.93%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
| |
|
|