| FAS latest price $83.3500 (0.29%) ($82.7300 - $84.9500) on Mon. Mar. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 28 |
Latest Price | $83.3500(0.29%) |
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 -3.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(87%) VYM(87%) DIA(85%) IWN(81%) |
Factors Impacting FAS price | FAS will decline at least -1.36% in a week (0% probabilities). VIXM(-58%) SHY(-41%) VXX(-28%) GLD(-20%) BNDX(-20%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.2% |
| |
|
|