| FAS latest price $70.1700 (-4.66%) ($69.5800 - $72.3220) on Mon. Aug. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 36 |
Latest Price | $70.1700(-4.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS declines -5.6% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.32% in a week (0% probabilities). VIXM(-61%) VXX(-26%) TLT(-26%) UUP(-12%) 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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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