| FAS latest price $58.3223 (0.17%) ($57.7496 - $58.3914) on Wed. Oct. 11, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 81 |
Latest Price | $58.3223(0.17%) |
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 4.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.835% in a week (0% probabilities). TLT(-28%) VIXM(-22%) UUP(-21%) IGOV(-7%) GDXJ(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|