| FAS latest price $85.9200 (2.02%) ($80.0200 - $86.3000) on Fri. Jan. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 81 |
Latest Price | $85.9200(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAS advances 7.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(90%) VYM(88%) IVE(86%) DIA(85%) SDY(82%) |
Factors Impacting FAS price | FAS will decline at least -2% in a week (0% probabilities). VIXM(-59%) SHY(-34%) VXX(-28%) UUP(-15%) GLD(-14%) |
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% (StdDev 4%) |
Hourly BBV | 1.6 () |
Intraday Trend | 6.7% |
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