| FAS latest price $55.0000 (0.24%) ($53.4110 - $55.6399) on Wed. Jan. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 77 |
Latest Price | $55.0000(0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.5% a day on average for past five trading days. |
Weekly Trend | FAS advances 9.6% 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) IWD(95%) IVE(94%) DIA(92%) SDY(91%) XLF(91%) |
Factors Impacting FAS price | FAS will decline at least -2.06% in a week (0% probabilities). TLT(-27%) UUP(-23%) VXX(-21%) VIXM(-15%) XHB(-8%) |
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 | -2.06% (StdDev 4.12%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
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