| FAS latest price $69.9400 (2.24%) ($68.2500 - $70.2200) on Tue. Apr. 23, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 71 |
Latest Price | $69.9400(2.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.4% a day on average for past five trading days. |
Weekly Trend | FAS advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -0.98% in a week (0% probabilities). TLT(-26%) UUP(-23%) VXX(-20%) VIXM(-14%) IFRA(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.98% (StdDev 1.96%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|