| FAS latest price $56.2800 (4.4%) ($54.9300 - $56.4100) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.19% (three month average) |
RSI | 39 |
Latest Price | $56.2800(4.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 1.2% a day on average for past five trading days. |
Weekly Trend | FAS declines -5% 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) XLF(99%) IWD(91%) IVE(88%) VYM(88%) DIA(87%) |
Factors Impacting FAS price | FAS will decline at least -2.095% in a week (0% probabilities). VXX(-66%) VIXM(-56%) SHY(-24%) UUP(-16%) GLD(-10%) |
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 | -2.095% (StdDev 4.19%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.7% |
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