| FAS latest price $84.9400 (-0.23%) ($84.4700 - $86.2400) on Tue. Nov. 12, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 80 |
Latest Price | $84.9400(-0.23%) |
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 2.7% 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%) IWN(90%) |
Factors Impacting FAS price | FAS will decline at least -1.27% in a week (0% probabilities). VIXM(-60%) VXX(-25%) TLT(-25%) UUP(-12%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.27% (StdDev 2.54%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|