| FAS latest price $80.9400 (-1.56%) ($80.9000 - $82.5000) on Mon. Jul. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 55 |
Latest Price | $80.9400(-1.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.9% a day on average for past five trading days. |
Weekly Trend | FAS advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) DIA(92%) SDY(91%) XLF(91%) |
Factors Impacting FAS price | FAS will decline at least -1.105% in a week (0% probabilities). VIXM(-61%) VXX(-27%) TLT(-26%) UUP(-11%) IFRA(-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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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