| FAS latest price $71.2500 (-1.25%) ($71.0500 - $73.0000) on Wed. Dec. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 41 |
Latest Price | $71.2500(-1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.5% a day on average for past five trading days. |
Weekly Trend | FAS declines -3.2% 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(90%) IVE(86%) DIA(85%) SDY(83%) IWN(81%) |
Factors Impacting FAS price | FAS will decline at least -2.335% in a week (0% probabilities). SHY(-33%) GLD(-12%) BNDX(-12%) EDOC(-9%) TBT(-6%) |
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 | -2.335% (StdDev 4.67%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.4% |
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