| FAS latest price $26.0954 (3.2%) ($25.6709 - $26.4114) on Mon. Sep. 21, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 46 |
Latest Price | $26.0954(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(95%) IVE(94%) XLF(92%) SDY(89%) IWN(88%) |
Factors Impacting FAS price | FAS will decline at least -1.925% in a week (0% probabilities). TLT(-31%) VIXM(-29%) UUP(-14%) IGOV(-10%) GLD(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.925% (StdDev 3.85%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|