| FAS latest price $28.6230 (-1.93%) ($28.4947 - $29.2451) on Wed. Aug. 10, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 61 |
Latest Price | $28.6230(-1.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(95%) IVE(94%) XLF(91%) SDY(90%) IWN(89%) |
Factors Impacting FAS price | FAS will decline at least -1.625% in a week (0% probabilities). TLT(-28%) VIXM(-24%) UUP(-17%) IGOV(-8%) IPO(-6%) |
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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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