| FAS latest price $88.3400 (3.8%) ($84.3350 - $88.4650) on Tue. Jan. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 62 |
Latest Price | $88.3400(3.8%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(90%) VYM(87%) IVE(86%) DIA(85%) IWN(81%) |
Factors Impacting FAS price | FAS will decline at least -1.82% in a week (0% probabilities). VIXM(-58%) SHY(-37%) VXX(-28%) GLD(-18%) BNDX(-16%) |
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 | -1.82% (StdDev 3.64%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.4% |
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