| FAS latest price $70.1000 (2.35%) ($69.7490 - $72.4100) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 67 |
Latest Price | $70.1000(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 3.8% a day on average for past five trading days. |
Weekly Trend | FAS advances 9.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(92%) IVE(89%) DIA(87%) SDY(86%) IWN(84%) |
Factors Impacting FAS price | FAS will decline at least -2.375% in a week (0% probabilities). SHY(-17%) VIXM(-11%) UUP(-10%) TBT(-10%) VXX(-1%) |
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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.2% |
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